safety stock - meaning and definition. What is safety stock
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What (who) is safety stock - definition


Safety stock         
EXTRA STOCK THAT IS MAINTAINED TO MITIGATE RISK OF STOCKOUTS CAUSED BY UNCERTAINTIES IN SUPPLY AND DEMAND
Buffer stock; Safety stocks; Buffer inventory
Safety stock is a term used by logisticians to describe a level of extra stock that is maintained to mitigate risk of stockouts (shortfall in raw material or packaging) caused by uncertainties in supply and demand. Adequate safety stock levels permit business operations to proceed according to their plans.
buffer stock         
EXTRA STOCK THAT IS MAINTAINED TO MITIGATE RISK OF STOCKOUTS CAUSED BY UNCERTAINTIES IN SUPPLY AND DEMAND
Buffer stock; Safety stocks; Buffer inventory
¦ noun a reserve of a commodity that can be used to offset price fluctuations.
free safety         
  • Former [[Washington Redskins]] free safety [[Sean Taylor]]
AMERICAN AND CANADIAN FOOTBALL DEFENSIVE POSITION
Strong safety; Strong Safety; Free safety; Free Safety; Safety position; Safety postion; Safety postition; Safety (defensive back); Safety (football position); Safety (Canadian football position); Safety (Gridiron football position); Safety (American football position); Safety (American football) position; Safeties coach; Safety (American and Canadian football position); Safetyman
¦ noun American Football a defensive back who is usually free from an assignment to cover a particular player on the opposing team.