Glossary
Min/Max Inventory
Min/max inventory is a replenishment method where stock is reordered when quantity drops below a minimum threshold and ordered up to a maximum level.
Full explanation
The min level represents the trigger point for reordering (equivalent to the reorder point), while the max level represents the target stock level after replenishment. The difference between min and max determines the order quantity. This method is widely used because it is simple to understand and automate.
Stocklyst calculates min and max levels automatically using research-backed formulas rather than manual guesswork. The min level equals the reorder point (incorporating safety stock from the Graves formula), and the max level is calculated based on order quantity optimization and storage constraints. These values are computed independently for each item at each branch, accounting for location-specific demand patterns.
How Stocklyst handles this
Stocklyst computes min and max levels automatically for every item at every branch. The min equals the calculated reorder point (including safety stock), and the max accounts for order quantity optimization. No manual threshold setting is required.
Put min/max inventory management on autopilot
Stocklyst calculates stock levels automatically using research-backed formulas, so you can focus on running your business instead of managing spreadsheets.
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