![]() ![]() Before long, you could be facing a time-consuming, expensive fix that could have been avoided. If you are forced to put inventory into spaces where it doesn’t belong, there can be a ripple effect that can cause problems in other areas of the warehouse. When you reorder your parts, one of the difficulties of maintaining your warehouse is the fact that you need to have space to put everything that is coming in. In other words, this is the maximum quantity that you can have on hand for any given item. On the other side of the spectrum, you will need to determine what your Order Up To Level will be. For that reason, it may be wise to monitor your activities over a period of time so that you can have a more educated approach to setting your Reorder Points. ![]() This quantity can vary widely from one item to the next, depending on your sales and use of those items. Our advice is that you keep enough inventory on hand to be able to fulfill all sales and manufacturing activities that happen from one order period to another. The Reorder Point allows you to set the quantity at which point you will need to re-order your inventory to be able to fulfill the demand for that item. When creating your reorder levels, you will need to choose a Reorder Point, or as some people call it: minimum quantity. When it comes to purchasing in Fishbowl Inventory, Reorder Levels can go a long way to help ensure that you have the on-hand quantities that you need, while at the same time, helping you to keep from over-purchasing inventory that will tie up your cash flow. ![]()
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