How to set reorder points, with a worked example
Calculate a reorder point from daily sales, supplier lead time and safety stock, with a worked example, common mistakes, and how to apply it per godown.
Practical guides for businesses that buy, store and sell stock. Each one explains the method first, with worked examples, and then how it is done in Stockroot.
Calculate a reorder point from daily sales, supplier lead time and safety stock, with a worked example, common mistakes, and how to apply it per godown.
A step-by-step stock count process for godowns: preparing a cut-off, counting, recounting large differences, finding causes and recording approved adjustments.
A fair comparison of tracking stock in Excel or a register versus inventory software, the signs you have outgrown spreadsheets, and what to check before switching.
On-hand, reserved and available stock per warehouse, transfers, adjustments and reorder alerts.
Purchase orders, partial receipts, supplier bills, returns and payables.
Quotations, reservations, deliveries, invoices, payments and customer balances.
Tell us how you run your godowns and credit today, and we will walk you through Stockroot with your kind of data.
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