What is a good inventory turnover ratio?
“What is a good inventory turnover ratio?” is one of the most common questions in inventory management, and the honest […]
Inventory & replenishment
Inventory & replenishment
Reorder points, safety stock, EOQ, inventory turnover, ABC/XYZ classes and dead stock, explained with worked examples for manufacturers, distributors and retail stores.
Start here Inventory planning software Software for distributors Min-max calculator AI inventory management software Retail inventory software Reorder point calculator Safety stock calculator EOQ calculator Inventory turnover calculator
Inventory & replenishment
EOQ vs MOQ: which order quantity should you use?
Economic order quantity (EOQ) and minimum order quantity (MOQ) both describe how much to order, but they answer different questions. […]
Inventory & replenishment
Safety stock formula: three methods compared
Safety stock is the extra inventory you hold to protect against two kinds of uncertainty: customers buying more than usual, […]
Inventory & replenishment
Reorder point formula: how to calculate ROP with an example
The reorder point is the stock level that tells you to place the next purchase order. Set it too low […]