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Term of the Day
reorder
perpetual inventory
continuous inventory
Definition
noun
a further
order
for something which has been ordered before
Example
The
product
has only been on the
market
ten days and we are already getting reorders.
verb
to place a new order for something
Example
We must reorder these items because
stock
is getting low.
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Related Terms
perpetual inventory
continuous inventory
Mentioned in these terms
reorder interval
reorder point
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