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Reorder Points, Minimum Order Quantities, and Toilet Paper?
Supply Chain Right Sized Inventory Supply Chain Right Sized Inventory

Reorder Points, Minimum Order Quantities, and Toilet Paper?

One of the challenges in supply chain is often-times we use the same terms to describe different things.  “Safety Stock” to one person or company might be a “Reorder Point” to another.  Other people might describe a “Minimum Quantity” when what they are really describing is a “Safety Stock”.  That is why it’s critically important at Right Sized Inventory (RSI), when we first meet with clients, to clearly define terms and vocabulary.

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