Reorder Points
The reorder point (ROP) is the smallest unit quantity that appears in on-hand inventory before a business reorders more products. This reordering level is set by the user himself. To get the reorder point multiply the average daily usage rate by the lead time in days. Users will get an alert to reorder the item when products cross the reorder point. SeeBiz Inventory makes sure to notify the users of ROP to ensure the availability of the products.
The main purpose of the ROP is to give the user enough time to reorder the product without customers being informed of the situation. Users will receive a real-time counter along with an alert summary. Users don’t have to keep an eye on their inventory. This allows users to do other tasks without worry.
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