Inventory replenishment methods are the strategies used to maintain adequate stock of goods in warehouses and retail stores. There are several approaches for achieving this, such as reorder point systems, forecast-driven ordering, just-in-time (JIT) inventory systems, vendor managed inventory (VMI), consignment stocking agreements, and retail item management systems. Each strategy offers different advantages and drawbacks, which means the right approach is based on individual requirements. Businesses should assess what they need most to stay competitive: lower costs, improved service levels, or increased profits. Proper inventory replenishment methods can help them reach their goals faster and more efficiently.