Results for tag: "Safety Stock"

Safety Stock is a type of inventory management within Supply Chain Management. It is a buffer stock of goods that is kept in reserve to protect against unexpected fluctuations in demand or supply. It is used to ensure that a company can meet customer demand even when there are delays in the supply chain. Safety Stock is typically calculated based on the company's historical data, such as sales and lead times. It is also used to protect against stock-outs, which can lead to lost sales and customer dissatisfaction. Companies in the Safety Stock market include Oracle, SAP, Infor, JDA Software, Manhattan Associates, and Kinaxis. Show Less Read more