Skip to Main Content

What are Inventory Reorder Points?

Setting reorder min and max levels is an essential aspect of inventory management. It ensures that you always have the right amount of stock on hand, not too much, and not too little. With our inventory management software, you can set reorder min and max levels for both Inventory Categories and Inventory SKUs. Moreover, you can set these levels per facility, so you always have the right amount of inventory at each Facility.

When setting reorder min and max levels, it's essential to consider your sales trends and lead times. You don't want to set the min level too low, or you risk running out of stock. Similarly, you don't want to set the max level too high, or you risk overstocking, which can lead to waste and added costs. By setting reorder min and max levels per facility, you can tailor your inventory management to each Facility's specific needs.

For Inventory Categories, you can set reorder min and max levels for all Inventory Items within that category. This feature is useful for managing broad product groups and helps you stay on top of your inventory levels. For example, suppose you run a store that sells electronics, and you have an inventory category for televisions. In that case, you can set a reorder min and max level for all televisions to ensure you always have the right number in stock.

For Inventory SKUs, you can set reorder min and max levels for each specific item. This feature is beneficial for managing products with varying sales patterns and lead times. For example, suppose you have an Inventory SKU for a particular brand of laptop that tends to sell quickly. In that case, you can set a higher reorder min and max level for that SKU to ensure you always have enough in stock.

Finally, setting reorder min and max levels per Facility allows you to tailor your inventory management to each location's specific needs. For example, if one of your facilities has a high volume of sales, you might want to set a higher reorder min and max level than for a facility with slower sales. By doing so, you can ensure that you always have the right amount of inventory at each location, reducing waste and improving customer satisfaction.

Free Trial

Give it a try for free!
No credit card required

Try for FREE for 14 days