What is meant by Stock Replenishment?

Stock replenishment refers to the continuous process of managing inventory levels to ensure that an adequate supply of goods is available to meet customer demand without carrying excessive stock. This involves monitoring inventory levels regularly and placing orders for new stock at appropriate intervals to avoid stockouts and ensure that sales can be fulfilled.

The emphasis on maintaining adequate levels highlights the importance of balancing supply with demand. This process is essential for efficient supply chain management, as it helps in reducing costs associated with overstocking and understocking, thus optimizing operational efficiency.

Other options depict various inventory-related actions. For instance, simply ordering new stock before sales deplete inventory might not encompass the ongoing nature of stock replenishment, as it could refer to a one-time action rather than a systematic approach. Reducing excess inventory pertains more to inventory management strategies rather than replenishment. Evaluating market demand is crucial, but it is typically a precursor to the replenishment process rather than the process itself. Thus, C captures the essence of stock replenishment most accurately.