The statement that in the event of a stock-out between review points, a special replenishment order will be made, is false.
A stock out, or out-of-stock, situation is when inventory runs out for some reason. Retail out-of-stocks in the swiftly moving consumer products industry are the most noticeable, even though they can occur everywhere in the supply chain. The reverse of stock outs are overstocks, where an excessive amount of a product is kept on hand.
Resupply orders include reordering previously acquired goods to fulfill demand. The "Review Point" is the term used to describe the Council's yearly opening of the Rolling Select List, invitation to service providers to submit charges, and opening of the Rolling Select List to new service providers.
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