What is 'safety stock' in SAP CA-RT-CAR-OSA - SAP Customer Activity Repository On-Shelf Availability?

safety stock - Overview

• Component: CA-RT-CAR-OSA

• Component Name: SAP Customer Activity Repository On-Shelf Availability

• Description: The quantity of stock that should always be available at the store to satisfy unusually high demand for a given product.

safety stock - Details

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  Key Concepts: 
  Safety stock is an inventory management technique used to ensure that a certain amount of stock is always available to meet customer demand. It is a buffer stock that is kept in reserve to protect against unexpected fluctuations in demand or supply. In the context of SAP Customer Activity Repository On-Shelf Availability (CA-RT-CAR-OSA), safety stock is used to ensure that the right amount of product is available on the shelf at all times. 
  
  How to use it: 
  Safety stock can be set up in SAP Customer Activity Repository On-Shelf Availability (CA-RT-CAR-OSA) by defining the desired level of safety stock for each product. This can be done by setting a minimum and maximum level of safety stock for each product. The system will then automatically adjust the safety stock levels based on current demand and supply levels. 
  
  Tips & Tricks: 
  It is important to set realistic safety stock levels that are not too high or too low. Too high a level of safety stock can lead to unnecessary costs, while too low a level can lead to stockouts and lost sales. It is also important to monitor safety stock levels regularly and adjust them as needed. 
  
  Related Information: 
  Safety stock is just one part of an effective inventory management strategy. Other techniques such as Just-in-Time (JIT) inventory management, Vendor Managed Inventory (VMI), and Demand