Restocking
Restocking refers to the process of replenishing inventory that has been depleted.
In Daiwa Lance, restocking is important to ensure that customers have access to the highest quality oxygen lance pipes.
When restocking, there are several factors that we should pay attention to in order to ensure that their inventory is optimized.
Firstly, it's important to have accurate and up-to-date inventory records, as this will help to avoid overstocking or understocking of items.
Additionally, we should consider the lead time for restocking, as well as the sales velocity of each product, to ensure that they are restocking items at the appropriate time.
It's also important to monitor trends and changes in factory demand, as this can help to inform restocking decisions and ensure that inventory levels remain optimized.
Finally, we should consider the cost of restocking, including transportation and handling fees, to ensure that they are making cost-effective decisions.