1776 Out of Stock Determination Method Code
Code identifying the technique used to measure items reported as out of stock.
- Identifier (ID)
- Min 2 / Max 2
| MA||Manual Audit|
Visual inspection of stocking locations
| PI||Perpetual Inventory|
Estimate of on-hand balance used upon the previous inventory value, adjusted by subsequent sales and receipts.
| RF||Radio Frequency Identification (RFID)|
Physical count of items at stocking locations taken by RFID.
| SD||Sales Data Analysis|
Estimate of on-hand balance based upon the observed versus expected rate of sale.