replenishment stock

Replenishment stock includes goods moved to restore inventory and keep the right product in stock within the warehouse or operation. At Penske, the replenishment process is managed through its warehousing services, transportation management, brokerage services and logistics planning. In addition, by also utilizing technology, a company can quickly provide detailed information on inventory, order status and potential at-risk situations to avoid crisis and ensure the right product is in stock within the warehouse. Stock replenishment is an important part of managing inventory as it ensures the right stock items are there to meet customer demand.