Safety stock prevents stockouts due to demand and supply variability. Reorder point combines safety stock with average sales and lead time. Safety stock helps smooth out supply chain and cover uncertainties
MOQ is the smallest number of products needed for one supplier order. Calculated by dividing total order cost by unit cost. Suppliers set MOQs to avoid wasting resources on unprofitable orders
Inventory dimensions represent retrieval and storage of items in warehouse management. Product dimensions include configuration, color, size, style. Storage dimensions cover site, warehouse, location, inventory status. Tracking dimensions include serial, batch numbers, and ownership
Backorder is an order that cannot be filled due to supply shortages. Occurs when demand exceeds supply for a company's product. Can happen due to supply chain issues or manufacturing limitations
Most preferred accounting program in Turkey for SMEs. Supports up to 16 users and 25 companies. Compatible with Windows 10 operating system. Supports MS SQL Server database
Inventory management is crucial for companies to avoid financial losses. Modern systems offer real-time insights and automation capabilities. Inventory management software helps control processes and track products