Average Daily Stock Position

A situation in which requested goods are not available in inventory, i.e., stock is insufficient to meet demand or fulfill orders.

In maritime law, general average is a principle whereby voluntary sacrifices or extraordinary expenditures are intentionally incurred for the common s...

Garnlager refers to the inventory kept in addition to the planned demand to cushion against demand fluctuations, supplier delays, or unforeseen events...

Safety stock is the additional inventory held above the expected demand to protect against stockouts caused by demand and lead time variability, ensur...

An additional quantity of inventory held in reserve to mitigate uncertainties in demand or supply, ensuring continuity of operations.

The portion of the total inventory held to cover ongoing demand or consumption between two replenishment or production cycles.