The impact of Covid-19 on themanufacturing sector will be larger than anything we have seen before. Small manufacturing firms are less likely to have deep enough pockets to get through the recession than large firms, and this pandemic could be the last straw for some that have been struggling.
Stock-outs are a pervasive and significant inventory control issue facing businesses and, by proxy, consumers. A stock-out happens when the number of orders for a product exceeds the amount of inventory that is stored. This situation can arise due to a number of factors, including: