Automatic Reorder

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Automatic Reorder

A way a business attempts to create residual income in which it sells a certain, stated order to a customer at regular intervals until the customer cancels. For example, a potato chip wholesaler may sell 1,000 bags of potato chips to a grocery store every week until the store decides to no longer buy them. This also helps the buyer control its inventory.
References in periodicals archive ?
SmartOrder allows consumers to set up automatic reorders so they receive water filters every six months without having to physically go out to the store or go online to purchase one.
NIKE Retail stores will be able to manage inventory by style, color, size, and width; to do automatic reorders, replenishment, stock balancing, and purchase order management.
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