Question.
If lost sales is such an important part of the inventory process, why is it not included on locater screens from the main warehouses?
I see two basic scenarios ....
1)A lost sale occurs because of a price from the vendor being too high.
This occurs often, yet there is no easy way to identify to the supplier that we are losing sales because the competitive price in the market place is better.
2)A lost sale happens because there is no stock of the part at the local PDC.
This happens a great deal and the customer says they cannot wait. Yet a lost sale cannot be posted to help the warehouse know that potential sales are being lost due to a no stock condition.
With all the technology and automation and ways to communicate this would seem to be a reasonable thing to implement.