Check out our City Logistic terms glossary
Staging areas
The space around the entrance and exit doors in which packages or pallets of goods arriving and awaiting storage or waiting for collection or shipment can be stored.
Stock analysis
The process of analysis of stock and the model of management used in order to highlight any differences compared to the normal measures.
Stock coverage ratio
This is the number of days of stock consumption that the stock held is able to guarantee.
Stock discrepancy
The difference between the stock held currently and the stock calculated or recorded
Stock level
Quantity of stock in storage, which can be expressed in quantity, in packages, in weight, in pallets, in value, or in weeks of sale by dividing the relative amount by the average weekly output.
Stock Location System (SLS)
System where all the places in a warehouse are identified in order to facilitate the storage of and search for stock.
Stock management
Inventory planning and control in relation to their quantity, quality and positioning; The planning and control of the quantities, quality and location of stock.
Stock out
Out of stock situations when the stock of a particular item runs out in the warehouse or at the store.
Stock Turnover
A widely used measure to check stock performance expressed as the ratio of the costs of the units sold compared to the average value of the stock.
Stock-out costs (Shortage costs)
The economic consequences of an external or internal inability to satisfy a request from the warehouse. External impacts can include “backorder” costs, loss of profit due to lost sales and loss of future profits due to loss of customers.
Storage
The deposit of goods and products in a warehouse for a short period of time.
