What is stock replenishment and how is it managed?

Stock replenishment refers to the ordering of stock to be able to have adequate inventory for potential customer demand. Practically, it means deciding on and setting reorder points. Reorder points are minimum stock levels that when recorded a new purchase order is automatically generated. More advanced systems use the analysis of previous sales transactions to make a forecast of the quantity needed and the timing of the order.

How Zapro can help: Zapro completely takes over the replenishment task by automatically notifying you the moment your inventory falls below the predetermined limit.

Learn about Inventory Tracking Explained: The Effortless 3-Minute Walkthrough