Having an optimum inventory is the idlest thing every company wishes for. To achieve this, manual methods of managing inventory level isn’t just enough. Which is why companies need to have a Re-Order System in their ERP.
A reorder system analyzes the flow of stocks in and out of the inventory. Once the analysis is done the system fixes a reorder point. After the point is fixed it turns easy to maintain the inventory at an optimum level. Knowing the reorder point is ...