restockrate
Restock rate is the rate at which inventory is replenished to restore stock levels after consumption or sale. It can be expressed as units restocked per time period (for example, items per day) or as a percentage of demand fulfilled within a given interval.
In practice, restock rate is a key parameter in inventory management and supply chain planning. It interacts
Factors affecting restock rate include supplier reliability and lead time variability, ordering policies (continuous review vs
Measurement and calculation: Restock rate can be measured as R = total units replenished in period T
Management and optimization: Common strategies to influence restock rate include reducing lead times, increasing supplier collaboration
Applications: Used in retail, manufacturing, and logistics to plan replenishment, assess performance, and set inventory targets.
See also: replenishment rate, inventory turnover, service level.