Tag: Reorder


  • How To Calculate Reorder Stock Levels At Your Pharmacy

    The reorder level in your pharmacy determines when to order from suppliers, not the quantity. Calculating it prevents under/overstocking. The formula is Reorder Level = (Lead Time x Average Daily Consumption) + Safety Stock. Accurate levels boost cash flow, manage demand variability, and enhance customer loyalty. Consider challenges such as demand variables and economies of…