SAFETY STOCK Definition

Bookmark and Share

SAFETY STOCK (SS) or security stock ensures that the item is available up to the pre-defined required service level, even when the re-ordered material arrives later then expected, or the fluctuations in demand during the lead-time cause the demand to be larger then expected. See also STOCK RESERVE.

Learn new Accounting Terms

ACCOUNT DISTRIBUTION is the process by which debits and credits are identified to the correct accounts.

NOT-FOR-PROFIT ORGANIZATION see NONPROFIT ORGANIZATION.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.