Glossary
Par level
It is the quantity you want on hand of an item at the start of each period, so you order the gap between what you have and that number.
What it means for a shop owner
It is common in restaurants, cafes and shops with steady demand. Set the number from usual sales with a safety margin. Change it in busy seasons.
A worked example
The par for milk is 40 cartons and you have 12, so you order 28.
Related
Try it in your shop, free, no card.
The free plan: the whole shop for one branch, an offline cashier with stock, debts and accounting, with a daily limit on invoices, expenses and purchase orders. What it includes