How to Use Inventory Reorder
Master your inventory management with our comprehensive guide to Inventory Reorder
Quick Start Guide
1. Upload
Upload your CSV file with inventory data
2. Calculate
Let Inventory Reorder calculate optimal reorder points
3. Analyze
Review insights and actionable alerts
4. Export
Download enhanced reports with all metrics
🚀 How Inventory Reorder Empowers Inventory Planners
Meet Priya, Inventory Planner at Tech Supplies Inc.
1️⃣ Proactive Inventory Monitoring
"Every morning, I upload our latest stock data to Inventory Reorder. Instantly, I get a dashboard showing all critical inventory metrics—like reorder points, stock cover, and turnover—for every SKU. What used to take hours now takes minutes!"
2️⃣ Actionable Alerts That Prevent Stockouts
"Inventory Reorder flags items like the Intel i7 Processor (ROP: 330, Stock: 121) and 15.6 inch Display (ROP: 96, Stock: 21) that are below their reorder point or at risk of running out. I never miss a critical reorder, and our customers always get what they need."
3️⃣ Smarter, Data-Driven Order Planning
"For every flagged SKU, Inventory Reorder recommends exactly how much to order. For example, I see I should order 147 Intel i7 Processors and 56 15.6 inch Displays—no guesswork, just data-driven decisions that keep our inventory lean and cash flow healthy."
4️⃣ Inventory Optimization for Higher Profits
"With Inventory Reorder's advanced analytics, I spot slow movers like Cooling Fans (Stock Cover: 90.5 days, Inventory Turnover: 36.5) and adjust our orders. We've reduced excess stock and improved our bottom line."
📈 The Inventory Reorder Advantage
Key Features & Metrics
Stock Cover (Days of Inventory Left)
"I can see at a glance that the 512GB SSD has only 9 days of stock left, so I time our orders perfectly to avoid shortages and overstocking."
Days Since Last Purchase
"Inventory Reorder highlights items like the Touchpad Module, which hasn't been ordered in over 129 days. This helps me review demand and avoid obsolete inventory."
Stock Status at a Glance
"With clear status indicators like 'Below ROP' or 'Above Max Stock', I instantly know which SKUs need urgent action and which are safely stocked."
Average Lead Time Demand
"Inventory Reorder calculates expected demand during supplier lead times for every SKU. For instance, I see the Wireless Network Card needs 55 units during its lead time."
Safety Stock Coverage
"I check that our Laptop Keyboard has 11.5 days of safety stock coverage, so we're protected against demand spikes without tying up too much cash."
Inventory Turnover (Annualized)
"This metric helps me identify slow-moving items and optimize stock levels for better cash flow and storage efficiency."
📊 Simple ROP Calculation Example
Let's understand how Inventory Reorder calculates the Reorder Point (ROP) with a simple example:
Given:
- Average daily usage rate: 50 units
- Lead time: 7 days
Calculation:
Reorder Point = Average daily usage rate × Lead time in days
ROP = 50 units per day × 7 days = 350 units
What this means:
When inventory reaches 350 units, place a new order. The existing stock will cover the 7-day lead time, ensuring new stock arrives just as inventory approaches zero, maintaining continuous supply without stockouts.
📅 Keep Your Inventory Data Fresh
Recommended update frequencies for optimal results
| Data Field | Update Frequency | Why It Matters |
|---|---|---|
| Current Stock | Daily or every business day | Ensures real-time inventory accuracy and prevents stockouts. |
| Last Purchase Date | Daily or real-time if possible | Keeps stock aging and reorder timing accurate. |
| Average Daily Demand | Weekly or biweekly | Captures recent sales trends for better forecasting. |
| Lead Time (Days) | Monthly or quarterly | Reflects supplier performance changes. |
| Safety Stock | Quarterly or during policy reviews | Aligns buffers with changing demand and seasonality. |
| Min & Max Stock Levels | Quarterly or during policy reviews | Optimizes working capital and storage space. |
| SKU, Product & Supplier Info | Update as needed | Keeps product catalog and supplier data current. |
Following this schedule helps you:
- • Prevent stockouts and lost sales
- • Avoid excess inventory and reduce carrying costs
- • Make smarter, data-driven replenishment decisions
- • Save time with automated alerts and recommendations
📋 How Should a Planner Use This Daily?
Daily/Weekly Review
Upload latest stock data, recalculate metrics, and review flagged SKUs.
Actionable Alerts
Focus on SKUs with "Below ROP", "Below Min Stock", or "Stockout Risk: Yes".
Order Planning
Use "Order Qty" to plan replenishments accurately.
Inventory Optimization
Use turnover and coverage metrics for strategic decisions.