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Tag: ROP

Inventory managagement 101 – How reorder point control works

November 12th, 2008 | By: Martin Arrand

This is basic stuff, but as usual there is a lack of clear and concise explanations of this on the web. It is also very important, as most methods of inventory control can be reexpressed as some form of reorder point method. Hence this simple introduction. I have also prepared a Reference Sheet that summarises […]