Different companies and industries may have different types of refurbished products. Since the electronics industry doesn't have a firm, widely accepted definition of refurbished, its exact meaning may vary from one product to the next, or one company to the next.ifferent companies and industries may have different types of refurbished products. Since the electronics industry doesn't have a firm, widely accepted definition of refurbished, its exact meaning may vary from one product to the next, or one company to the next.
What is a Reorder Point? A reorder point is the level at which a specific item found within an inventory should be replenished by way of placing an order with a supplier.Watch the Did-You-Know slideshow. Follow @wiseGEEK.hat is a Reorder Point? A reorder point is the level at which a specific item found within an inventory should be replenished by way of placing an order with a supplier.
Enter your information below to calculate your reorder point! 1  Lead Time: The number of days between issuing a purchase order and receiving the product(s). 2  Safety Stock: The number of daysâ worth of inventory you keep in case of emergency.3  Basic Stock: The number of daysâ worth of inventory you normally keep on hand.he Reorder Point is calculated using this equation: Reorder Point = (Lead Time + Safety Stock + Basic Stock) * Unit Sales Per Day. The Reorder Point Calculator is a small part of the advanced inventory management features you will find in Fishbowl Manufacturing and Fishbowl Warehouse.