How to avoid stock-outs?
Good stock management means having the right amount of stock in the right place at the right time. It is crucial to keep track of stock levels so that you know when to place a new order, how much to order and where to store it in order to avoid losses in the event of a stock-out. However, finding the perfect balance is not an easy task. A stockout occurs when a company is unable to meet a demand, which will have an impact on operations.