Reorder Quantity
The Reorder Quantity is the threshold quantity for a specific product in your inventory. When the stock level reaches this point, it signals that it's time to reorder to avoid running out. By setting a reorder quantity, you can stay ahead of low inventory levels, ensuring that you make timely decisions to maintain optimal stock levels. This proactive approach helps you keep your inventory well-managed and prevents any disruptions in supply.
Replenish Quantity
The Replenish Quantity is the amount of a product that needs to be ordered when its Reorder quantity is reached in a specific stock location. This quantity helps to create a Replenish Order, either manually or automatically, to maintain optimal stock levels.
Example: Reorder quantity and Replenish Order
Let's say you have 30 headphones in your inventory.
Reorder quantity for Headphones: 5
Replenish Quantity for Headphones: 50
If 25 headphones are shipped out, leaving you with 5, indicating your inventory has went low, resulting in triggering the Reorder quantity. This will create a Replenish Order to stock 50 more headphones in your inventory.
With Ventory, this process is easily automated.
Read our article : Process to set a Reorder Quantity and create a Replenish Order