The Reorder Point is the stock level that say to the buyer/planner that is time to refill the stock.
How to determine Reorder Point?
Which is the best "Inventory Level" to mantain?
How to determine the safety stock to prevent stock-out?
The delivery frequency has impact on the stock level?
The Reorder Point software gives the answer to these and other questions on the Reorder Point.
A simple formula is implemented in our software to balance accuracy and time to calculate the reorder point.
The software is very easy to use:
In the Orange Cells put the data
In the Green Cells read the results
You can download the software here, it's free of charge.
LeanLab Staff.
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