Refers to the typical quantity that is on hand for any given item. This makes it easier to place strategic reorder points. When an item dips below the average quantity point, it usually needs to be reordered. Found on https://www.encyclo.co.uk/local/23095
Refers to the typical quantity that is on hand for any given item. This makes it easier to place strategic reorder points. When an item dips below the average quantity point, it usually needs to be reordered.