Posted By:Krishna Jani
Updated: 19 July, 2023Published: 12 July, 2023
Reading Time: < 1 minute

A fixed reorder point system is one of the methods of inventory replenishment within inventory management. A retailer usually predetermines a fixed order quantity of particular goods, and whenever those goods reach a certain quantity point or are below it, a new order for those goods is generated. 

Get insights on software
implementation trends and more.