Replenishment Order (RE)

A replenishment order (RE) is a purchase order placed by a business to replenish inventory levels of a particular product. The purpose of a replenishment order is to ensure that the business maintains adequate inventory levels to meet customer demand. The order is typically placed when the inventory level falls below the reorder point. A well-executed replenishment strategy can help businesses reduce stockouts, improve customer satisfaction, and minimize inventory holding costs.