Reorder Levels

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  • 1 Types
Definitions
Continuous Stocktaking (Continuous Inventory, Continuous Stock-Checking, Perpetual Audit)
Continuous Stocktaking Inventory Management Stock-Checking Perpetual Audit Bin Cards Stock Ledger Reorder Levels
Continuous stocktaking is a system of inventory management designed to regularly verify stock levels by counting and reconciling physical stock with accounting records.
Read more about Continuous Stocktaking (Continuous Inventory, Continuous Stock-Checking, Perpetual Audit).
Definitions
Inventory Control
Inventory Control Stock Control Inventory Management Supply Chain Reorder Levels Lead Times Inventory Optimization Stock Optimization
Inventory control, or stock control, is a control system designed to ensure adequate but not excessive levels of stock are maintained by an organization. It takes into account consumption levels, delivery lead times, reorder levels, and reorder quantities for each commodity.
Read more about Inventory Control.

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