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Min-Max

The ProcurelyIQ Glossary defines terms.
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Min‑Max is an inventory management method that uses two key thresholds to control replenishment.

Min (Minimum Level): The lowest acceptable inventory level—when stock falls to or below this point, a replenishment order is triggered.

Max (Maximum Level): The target inventory level you replenish up to once a reorder is placed.

In other words: When stock ≤ Min → reorder enough to reach Max.

This method ensures products do not drop below the minimum needed to cover demand (often including safety stock) while also preventing excess inventory and overstock.

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