The proportion of all stock requisitions that are filled from stock that is present on the shelf. The inverse of this is “stock-out rate,” which is the percentage of orders for which there is no stock on the shelves and therefore the order cannot be filled (resulting in a “back order”). These measurements can be calculated for any time period; in some retail or distribution firms it might be computed daily or weekly.
The proportion of all stock requisitions that are filled from stock that is present on the shelf. The inverse of this is “stock-out rate,” which is the percentage of orders for which there is no stock on the shelves and therefore the order cannot be filled (resulting in a “back order”). These measurements can be calculated for any time period; in some retail or distribution firms it might be computed daily or weekly.