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MRP glossary TOP > Inventory Control > Order Point

Order Point

Order Point, Reorder Point

It refers to the inventory amount to expedite an order, which is used in Fixed Size Ordering System, a method for inventory control. It is also called OP for short.


Related term: Fixed Size Ordering System

Reference:JIT Business Research Mr. Hirano Hiroyuki

Non-stocked Goods | Inventory Control | Order Point Item