Stockouts
Stockouts refer to the situation where an item is out of stock and not available for sale. In aviation, stockouts can occur for various reasons such as unexpected increase in demand, delayed supply chain, or poor inventory management. Stockouts can have significant impact on aviation operations as they can lead to flight delays, cancellations, and customer dissatisfaction. It is important for aviation companies to have effective inventory management systems in place to avoid stockouts and ensure smooth operations.
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