Inventory management: Reorder point (ROP)

[@haggaigwishiri686]

Well explained

[@AlJazariedu]

Thanks

[@zahrasobih9222]

Perfect

[@AlJazariedu]

Thanks

[@jessalyn687]

is this the same with back order inventory model?

[@AlJazariedu]

@jessalyn687
Thanks for your question, Jessalyn. The answer is no. Backordering is a signal to the company that its products’ demand exceeds its supply. In such a case, the company is said to have a backlog of products. While, the reorder point is a signal to the company to release an order of a certain product once its inventory drops to this point.

[@jessalyn687]

@@AlJazariedu oh okay, thank you

[@AlJazariedu]

@sketchin1009
Watch this video and give me you feedback

[@AjayKumar-to7bk]

too fast pace

[@AlJazariedu]

Thanks for your feedback. I will consider this.