Peter PhillipsJun 9, 20232 minAn alternative to the Reorder Point (ROP) formulaThe Reorder point (ROP) is a specific stock level at which an item (SKU) needs to be replenished. These are the formulas most frequently...
Peter PhillipsMay 18, 20232 minWhy safety stock is essential in any supply chain In a perfect world, demand for products would be simple to calculate. In practice, even the most carefully crafted demand forecasts are...