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Glossary Supply Chain / Term

lot-for-lot

A lot size method in which the suggested quantity is equal to the net requirement for a given day, and is not rounded up to a minimum or multiple. A lot-for-lot technique will generate a greater volume of orders than a fixed lot size system, with smaller quantities per order and a smaller inventory investment due to ordering exact requirements only.

Permanent link lot-for-lot - Creation date 2021-11-03


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