What is non-stockout probability in SAP MA-SMOPS - SmartOps?

SAP Term: non-stockout probability

• Component: MA-SMOPS

• Component Name: SmartOps

• Description: The number of customer orders planned to be serviced in full, as a proportion of the total number of orders received. Also called type I service.

Smart SAP Assistant

• Key Concepts: 
  Non-stockout probability is a metric used in SAP's SmartOps (MA-SMOPS) module to measure the likelihood of a product not being out of stock. It is calculated by taking the total number of orders that were not out of stock and dividing it by the total number of orders placed. 
  
  How to use it: 
  Non-stockout probability can be used to measure the effectiveness of inventory management and supply chain operations. It can be used to identify areas where improvements can be made, such as increasing inventory levels or improving forecasting accuracy. Additionally, it can be used to compare different suppliers or products to determine which ones are more reliable in terms of avoiding stockouts. 
  
  Tips & Tricks: 
  When calculating non-stockout probability, it is important to consider the time period over which the metric is being measured. For example, if the metric is being measured over a short period of time, such as one month, then it may not accurately reflect the overall performance of the supply chain. Additionally, it is important to consider other factors that may affect stockouts, such as demand fluctuations or supplier reliability. 
  
  Related Information: 
  Non-stockout probability is closely related to other metrics such as fill rate and service level. Fill rate measures the percentage of orders that are filled on time, while service level measures the percentage of orders that are filled within a certain time frame. Both metrics can be used in conjunction with non-stockout probability to gain a better understanding of supply chain performance.