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Stock Reorder point calculation

#1
Hi, everybody
I have been browsing on the net, looking for control of stock, but I have seen a lot of different approaches.

Could some of you share a simple and easy method to calculate, reorder point, reorder quantity, min and Max stock?.I don't need a sophisticated method, since no need a strong control.

I have seen some which consider safety stock, cost of storage, etc.
What I need is a basic control for the stock.

I hope someone can share some examples
Thanks.
 

somashekar

Staff member
Super Moderator
#2
Two bin system.
When stock closes in bin 1, order for the part and begin to use from bin 2.
The bin size can be decided depending upon the lead times from order to delivery.
 
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