Which system allows for variable reorder quantities during stock reviews?

The periodic review system is designed to assess inventory levels at predetermined intervals, allowing for the adjustment of reorder quantities based on current stock levels, demand forecasts, and supply conditions during each review cycle. This flexibility enables businesses to set varying reorder quantities, accommodating changes in demand or other influencing factors.

This system contrasts with fixed order point systems, which maintain a consistent reorder quantity regardless of current inventory levels, demand fluctuations, or other conditions. Real-time inventory systems aim to track stock levels continuously, but may not inherently allow for varying reorder quantities in the same structured manner as a periodic review system. Lastly, the just-in-time (JIT) approach is focused on minimizing inventory levels and relies on precise timing of orders rather than evaluating stock to determine reorder quantities.

In summary, the periodic review system stands out for its capability to adjust reorder quantities based on a review of inventory status, ensuring that stock levels are managed more dynamically and responsively.