Replenishment Model

The Replenishment Model is a method used by businesses to decide when and how much stock to order. It predicts the right timing and quantity to restock products, ensuring they are available for customers without overstocking. By analyzing factors like current inventory levels, sales rates, and lead times, the model helps balance costs and service quality. Essentially, it aims to keep products flowing smoothly, avoiding shortages or excess inventory, which improves efficiency and customer satisfaction.