Title: The Out of Stock Problem and How To Approach It
Headings: The Out of Stock Problem and How To Approach It
The Out of Stock Problem and How To Approach It
How To Define Out of Stock
The Consequences of Out of Stock
of customers don't want to engage with a business anymore once they've had a bad experience with it
Why Do Out of Stock Situations Occur?
What Needs To Be Done To Solve/Decrease Out of Stock?
Find out how we can help detect and avoid Out of Stocks!
Conclusion

Content: Often retailers make plans for promotions without giving manufacturers enough time to adjust their production to keep up with the potentially higher demand. As a result, retailers tend to run out of the item long before the promotion ends; leaving both themselves and the manufacturer with unhappy clients. On a similar note, retailers and manufacturers do not seem to cooperate well with regard to sales forecasts. 78% of manufacturers state that retailer forecasts do not influence their capacity or production planning. They rather use their own estimations based on data from their distribution centers. Partly, this may be due to a time lag between when data from retailers is available to the manufacturers and when they would actually need it. However, the large amounts of data also just take up too much time to analyze it all. Falling back on data that oneself generated is easier and simply more convenient. Another reason is the lacking allocation of responsibility for inventory and, hence, for making products available on the shelves at all times.