The Reorder Point = (Estimated Demand over Lead Time) + Safety Stock
Safety Stock covers variations in Demand and Lead Time.
As part of the Supply Chain Coaching Membership, members get access to an interactive online worksheet, where they can enter their own historical sales data and the desired service level.
The reorder point is calculated online.
Categories
- 100 Management Presentations
- 5S
- Balanced Scorecard
- Cellular Manufacturing
- CMMS
- ERP
- Free Ecourse
- Inventory Management
- Jidoka
- Kaizen
- Lean Manufacturing
- Lean Office
- Maintenance Management
- OEE
- One Piece Flow
- Poka Yoke
- Project Management
- Reliability Centered Maintenance
- SMED
- Standard Work
- Supply Chain Management
- Theory of Contraints
- Total Productive Maintenance
- Value Stream Mapping
- Visual Management
RSS feed for comments on this post · TrackBack URI
Leave a reply