Stockout is the situation when a company runs out of finished products.

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Stockout is a commonly used term in inventory management and it refers to the situation when a company runs out of finished products. This can happen due to various reasons such as unexpected surge in demand, supply chain disruptions, delays in manufacturing and delivery, poor inventory management, and so on. The consequences of stockouts can be severe, resulting in lost sales, dissatisfied customers, reduced profitability, and damage to brand reputation. Therefore, it is important for companies to monitor their inventory levels and demand patterns, establish safety stock levels, and implement effective supply chain strategies to avoid or minimize stockouts.

Stockout Is the Situation When a Company Runs Out of Finished