What is reorder points?

Question

How can we understand this without any difficulties?

Answer 1

Reorder points is the number of goods at your stocks that signaling you that stocks are needed to be replenished. Otherwise you will run out of nescessary supplies.

Answer 2

A reorder point is a specific level at which your stock needs to be replenished. In other words, it tells you when to place an order so you won't run out of stock.

Answer 3

Reorder point is the level of inventory which trigger an action to replenish that particular inventory stock.it is a minimum amount of an item which a firm holds in stock, such that when stocks fall to this amount, the item must be recorded.

Answer 4

Reorder point is a term used in inventory management that refers to the minimum level of inventory that must be maintained in order to avoid stockouts. It is calculated based on factors such as lead time, demand variability, and safety stock, and is used to determine when to place a new order for inventory.

Answer 5

It is the level of inventory at which a bussines should place a new order or run the risk that stock will drop below a comfortable level or even down to zero.