What are some different inventory restocking strategies?

Asked a month ago

Hello, currently my e-commerce business operates on the system of only buying stock when the product or variant is out-of-stock. I was wondering what other product replenishing processes exist that I can can implement into my Shopify store. Thanks

Abeeha Qasmi

Wednesday, January 25, 2023

Inventory restocking can help you replenish the stock, customer satisfaction and sales numbers. Below are the top 4 strategies that you can use:

  1. Record point strategy, which is also referred to as Min/Max strategy.
  2. Periodic point strategy, which is also called the interval restocking.
  3. Top-off strategy—The lean time replenishment strategy.
  4. Demand strategy—forecast, manage and influence the demand for a product or service.

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