The post How to Calculate Safety Stock and avoid high cost of Inventory appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.
]]>A graph is presented that shows clearly what the reorder point should be and what should be the amount of safety stock.
A working example is given when a company monitors a variety of inventory refilling times, its own daily consumption levels, the amount of safety stock that it has to protect during those consumption periods, and eventually, your company’s distribution times for finished goods to your consumer base.
The post How to Calculate Safety Stock and avoid high cost of Inventory appeared first on World's Largest Community of Supply Chain Professionals | Global Leader in Supply Chain News | Top rated Supply Chain Forum in USA.
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