Supply Chain Glossary
/ Letter S
Glossary — Letter S
7 supply chain, inventory, and fulfillment terms starting with S. Plain-English definitions for e-commerce merchants.
SKU Rationalization
The strategic process of reviewing your product catalog and discontinuing low-performing SKUs to reduce inventory complexity and carrying costs.
Safety Lead Time
A buffer added to the standard supplier lead time to account for variability in delivery schedules and reduce the risk of stockouts.
Safety Stock
Safety Stock: a key concept in supply chain and ecommerce fulfillment for Shopify brands.
Sell-Through Rate
The percentage of available inventory sold over a given period, used to measure product performance and inform future purchasing decisions.
Service Level
The probability that customer demand will be met without a stockout during a replenishment cycle, expressed as a percentage.
Stock-Keeping Units (SKUs)
Stock-Keeping Units (SKUs): a key concept in supply chain and ecommerce fulfillment for Shopify brands.
Stockout
A situation in which a product is completely out of stock and unavailable to fulfill customer orders, resulting in lost revenue and customer dissatisfaction.
Ready to put these terms to work?
Forthsuite's supply chain tools handle the complexity for you — from demand forecasting to returns management.