MANAGEMENT

Detailed explanation-1: -Unlike minimum stock, maximum inventory or stock is the amount of stock stored that must not be exceeded, and would be the maximum level. Maximum stock can be defined by product demand, available space or the storage capacity of the industrial racking.

Detailed explanation-2: -The maximum stock level is the maximum quantity of stock that is to be on hand at the customer. You can use different methods to determine these stock parameters. The following applications use the minimum stock level and the maximum stock level: Supply Network Inventory. Replenishment planning.

Detailed explanation-3: -Stock Level: Type # 2. If the quantity exceeds maximum level limit then it will be termed as overstocking.

Detailed explanation-4: -Maximum stock level: determined by the warehouse’s storage capacity and the purchasing or procurement policy. Minimum operating stock level: indicates the point of inventory consumption at which goods need to be replenished, just before the safety stock is used.

Detailed explanation-5: -Maximum Stock Level – This is the total quantity necessary to meet the needs of all health facilities in the distribution area.