Stockouts
What Stockouts means in Business GCSE, as defined for AQA.
Definitions of Stockouts
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Reference: AQA
A situation caused by unreliable suppliers where stock runs out, leading to lost sales and idle staff.
A risk that can halt production or lose sales when stock is not available.
Topics that use Stockouts
- The role of procurement (AQA GCSE)
Related terms
- Analysing supplier choice in context
- Best value
- Brand reputation
- Buffer stock
- Consequences for operations and costs
- Contextual judgement
- Customer satisfaction
- Customer satisfaction and reputation
Using Stockouts in the exam
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