What is Fixed order quantity?

The system that controls the inventory levels of a supply chain is called fixed order quantity, wherein maximum and minimum levels are fixed. When the inventory level reaches the auto set reorder point, then the fixed amount of inventory can be replenished.

FOQ helps to reduce the reorder mistakes, manages the storage capacity efficiently and prevent the unnecessary blockage of funds.

The Fixed Order Quantity is the inventory control system, wherein the maximum and minimum inventory levels are fixed.

Fixed Order Quantity is the inventory control system, wherein the maximum and minimum inventory levels are fixed, and maximum and fixed amount of inventory can be replenished at a time when the inventory level reaches the auto set reorder point or the minimum stock level.