minimum stock level


Also found in: Acronyms.

minimum stock level

the lowest planned level of STOCK for a particular item prior to replenishment in a STOCK CONTROL system.
References in periodicals archive ?
3) electronic ordering minimum stock level ordering flagging low stock;
In December 2015, the Deputy CEO of LLP SK-Pharmacy Maksim Kassatkin announced that certified Kazinform Pharmaceutical warehouses containing a minimum stock level of drugs are to be established across Kazakhstan by 2019.
The optimum minimum stock level of a location and the associated replenishment amounts are the operating parameters needed for the system to work effectively.
Based on the predetermined lead time, the minimum stock level will change from period to period, adjusting to the actual utilization intensity of the respective period.
Today, Anmol maintains a minimum stock level at all its warehouses.
Thus, the minimum stock level for product i at time t will be given by the reorder level subtracted from the average usage for a normal planning period.
In the past, the Stores had a minimum stock level of six months and a maximum of 12 months, but this has been changed to a maximum of six months' worth of condoms due to storage space issues.
At a minimum stock level of 20% of the ordered quantity, the emphasis will be triggered respectively.
WWF urges EU Fisheries Ministers to agree a robust recovery plan as soon as possible, and for the European Commission to press ahead with further recovery plans for other threatened fish stocks." According to scientific data, North Sea cod stocks have plummeted from 275,000 tonnes in 1970 to 37,000 tonnes now, with a minimum stock level thought to be at 70,000 tonnes.

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