inventory shortage
Warehouse comes up short
An inventory shortage occurs when the actual count of goods on hand falls below what records indicate should be present.
Causes include theft, damage, administrative errors, or supplier shortfalls.
Retailers track shrinkage—the industry term for such losses—as a percentage of sales: The store's inventory shortage cost them thousands this quarter.
Also called inventory shrinkage.
- stockoutInventory exhaustion event
- out of stockInventory exhausted
- backorderDeferred fulfillment request
- lead timeInterval before completion
- deficitAmount still owed
shortfall · supply chain · missing · warehouse · back room · shelves · empty · scarcity · shrinkage · theft · miscounted · stock take · reorder · supply · demand · depleted · gap · loss
inventory shortageoverstock
Surplus goods beyond demand
excess inventory · oversupply · surplus · overage · overstocking
inventory, shortage, inventories, inventoried, inventorying, short, shorter, shortest, shortly