safety stock - Fixanswer - Get your knowledge fix!

What Do You Mean By Safety Stock?

January 24, 2024 by David Evans

What Do You Mean By Safety Stock? Safety stock is an extra quantity of a product which is stored in the warehouse to prevent an out-of-stock situation. It serves as insurance against fluctuations in demand. What is safety stock and what is its purpose? Safety stock is an additional quantity of an item held in

What Is Safety Stock How Is It Determined What Is The Role Of Safety Stock In Inventory Management?

January 24, 2024 by Juan Martinez

What Is Safety Stock How Is It Determined What Is The Role Of Safety Stock In Inventory Management? Safety stock protects you against the sudden demand surges and inaccurate market forecasts that can happen during a busy or festive season. It serves as a cushion when the products you’ve ordered take longer to reach your