Joint Replenishment
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Joint Replenishment Jack A. Wetzel, MBA, CPIM, CSCP [email protected]
Joint Replenishment A technique for coordinating ordering decisions on a group of items to achieve lower cost Similar to the economic order quantity (EOQ) technique – an optimal dollar value for the joint order is calculated Annual usage data is used to calculate the value and quantity for each part number in the group
Joint Replenishment A technique for coordinating ordering decisions on a group of items to achieve lower cost Similar to the economic order quantity (EOQ) technique – an optimal dollar value for the joint order is calculated Annual usage data is used to calculate the value and quantity for each part number in the group
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