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Glossary Supply Chain / Term

min-max ordering

A replenishment and inventory management system that sets a minimum inventory level, used to trigger a reorder when the available plus incoming receipt total is less than the min. The amount of the order is the difference between the calculated (less than min) inventory and a predefined max. Min-max systems are typically not time-phased.

Permanent link min-max ordering - Creation date 2021-11-03


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