What is Low Stock Alert in Retail? Explained

A Low Stock Alert is a notification triggered when the inventory of a particular product or SKU falls below a predetermined threshold. This automated alert system helps retailers manage their stock levels efficiently, preventing stockouts and ensuring that popular products are consistently available to customers. The threshold for a low stock alert is set based on factors like historical sales data, lead times for restocking, and desired safety stock levels. Utilizing low stock alerts is crucial for retailers to streamline inventory management, enhance customer satisfaction, and make timely decisions to replenish products in demand.