Sunday, August 25, 2013

How to determine Reorder Point - Software

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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