A stockout means required inventory is unavailable at the relevant place and time. It does not necessarily mean the item is absent from every location in the organisation.[1]
Distinguish an empty picking bin, an empty warehouse and insufficient incoming supply. Responses may be internal replenishment, a transfer or purchasing. Missing sales during a stockout should not be interpreted automatically as missing customer demand.
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Compiled with AI assistance using public sources. General explanation, not individual legal or tax advice. Describing a concept does not mean Zoloo offers it as a feature.