Safety stock is used to help meet or mitigate the risks associated with stockouts. Organizations often hold excessive inventory as a result of safety stock which in the most general sense is held to protect against uncertainties in supply and demand. Safety stock is sometimes referred to as fluctuation inventory.
0 Comments
Leave a Reply. |
GlossarySubscribe below and receive lean, six sigma, operations, supply chain, logistics, distribution and business terms in your mailbox.
Archives
January 2021
|