Supply Chain Replenishment

Supply Chain Replenishment

Supply Chain Replenishment

oboloo’s Glossary

Supply chain replenishment is the process of replenishing stock levels within a company’s supply chain. It involves monitoring inventory levels of raw materials, components, and finished goods at regular intervals, and then taking proactive steps to ensure that these items are always kept in the necessary quantities.” The ultimate goal of supply chain replenishment is to create a seamless flow of product from supplier to customer while maintaining optimal inventory levels that are just-in-time for production. By utilizing best practices like demand forecasting and cycle counting, companies can effectively manage their stock levels while minimizing carrying costs, ensuring a reliable and cost-effective supply chain.