Stockouts almost always make it to the “worst nightmare” lists of retailers, and for good reason. Not only do they lead to lost sales, out-of-stocks also result in poor customer satisfaction and lower loyalty levels. Shoppers often feel let down when they encounter an out-of-stock message, and we know that as a retailer, the last thing you want is to disappoint customers.
Fortunately though, there are a number of solutions to your out-of-stock woes. Many causes of stockouts can be prevented by taking steps to better understand your business and products, and by refining certain store processes.
To give you a better idea of how you can accomplish this, below are 3 common causes of stockouts and pointers on how you can sidestep them: