an inventory control system in which an item's inventory status is checked each time a withdrawal is made from inventory, and an order for a predetermined quantity is placed if the inventory position has reached a certain minimum level. Also called Continuous review system.
REORDER POINT SYSTEMS
Meaning of REORDER POINT SYSTEMS in English
Raynet Business and Marketing English glossary. Английский глоссарий компании Raynet Business and Marketing . 2012