How to overcome common inventory replenishment challenges

Calculating optimal order points and cost-effective order quantities can be a challenge. For example, do you buy in bulk and risk increasing stock holding costs? Or buy a little and often and potentially increase unit costs and transportation fees?

In this guide we share inventory replenishment techniques that will help improve your replenishment strategy and processes. Discover:

• Simple but effective inventory replenishment methods
• Factors that influence reorder quantities
• The Economic Order Quantity formula
• The benefits of automating stock replenishment processes