What is mean by minimum base quantity in retail store?
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The (inventory) replenishment is an operation that consists in making the stock full again in order to avoid stock-out. Replenishment is typically initiated by a backorder passed to a supplier or to a manufacturer, possibly sent through EDI.
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Threshold inventory quantity is the minimum amount of inventory a company wants to have ... Retailers hold inventory in-store or order-fulfillment warehouses until ... For manufacturers, a stock out means running out of raw materials that are ...
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