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.
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References in periodicals archive ?
"We enable customers to set up automatic reorders of their favorite products delivered to their door at discounted prices," said Maria Renz, v.p.
Customers are taking advantage of the system, which enables them to establish automatic reorders of specified prescriptions.
We decided that using handheld data collectors was better, and we wanted to reduce our inventory and develop automatic reorders. All of this sounded like rocket science back then, but today, its kindergarten stuff."
Sixty percent of Conair's orders are done electronically, and 20 percent are automatic reorders, Lindsey notes.
"We have implemented a 'Refills on Time' program at our pharmacies to help customers manage and maintain their routine medication needs by allowing them to set up automatic reorders of specified medications," adds the spokesman.
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