How can you determine the reorder point for a seasonal product?
If you sell seasonal products, you know how challenging it can be to manage your inventory levels. You don't want to run out of stock when demand is high, but you also don't want to overstock and incur unnecessary costs. How can you determine the optimal reorder point for your seasonal products? In this article, we will explain what a reorder point is, how it differs for seasonal and non-seasonal products, and how you can calculate it using historical data and forecasting methods.