Material Manager Question: Download Questions PDF
When should reorders be placed?
Answer:
Times for reordering goods vary dependent on the control system you use and its lead time. In fixed order quantities reorders should be placed when the safety stock is reached. In fixed period systems the reordering is done at set time periods. In just in time systems reordering is based on matching the demand with supply. For just in time a close watch on inventory levels is needed so that reorders are placed before goods are out of stock.
Download Materials Manager Interview Questions And Answers
PDF
| Previous Question | Next Question |
| Tell us what are transactions that will cause change in stock? | Tell us what is a RFQ and how it is different from quotation? |