Replenishment strategies

Replenishment strategies are used to determine the most efficient way to order inventory, such as Fixed Order Point (FOP) and Time Phased Ordering (TPO). Inventory Control supports both strategies.

For the Fixed Order Point strategy, an item is reordered when the available quantity falls below a reorder point. Each item is assigned its own reorder point. For example, black pens might be reordered when the available quantity is less than five boxes.

For the Time Phase Ordering strategy, an item is reordered based on a time period of supply and demand. This strategy lets you analyze the item's movement and base future orders on that movement. For example, if copier paper stock was depleted at a higher rate during the past three months and the trend is expected to continue, paper can be reordered at a rate that matches the depletion rate.