MRP glossary TOP > Inventory Control > Order Point
Order Point
Order Point, Reorder Point
It refers to the inventory amount to expedite an order, which is used in Fixed Size Ordering System, a method for inventory control. It is also called OP for short.
Related term: Fixed Size Ordering System
It refers to the inventory amount to expedite an order, which is used in Fixed Size Ordering System, a method for inventory control. It is also called OP for short.
Related term: Fixed Size Ordering System
Reference:JIT Business Research Mr. Hirano Hiroyuki