Glossaria.net

Glossary Logistics / Term

Order Point – Order Quantity System

The inventory method that places an order for a lot whenever the quantity on hand is reduced to a predetermined level known as the order point. Also see: Fixed Reorder Quantity Inventory Model, Hybrid system.

Permanent link Order Point – Order Quantity System - Creation date 2021-12-06


< Order Picking Glossary / Logistics Order Processing >