PAR stands for "Periodic Automatic Replacement." In inventory management, PAR inventory refers to the minimum stock level that must be maintained to meet customer demand without interruption. The PAR system helps businesses ensure they reorder products at the right time and quantity, minimizing excess inventory while avoiding stockouts. This approach is commonly used in industries like hospitality and retail to streamline operations and enhance efficiency.
Par is a term used in golf (and in Scribblenauts, too) where Par is the number of objects required to get an average score. If the par is 7 objects, and you draw 7 objects, you will have reached par.
The Par stock approach to ordering involves maintaining a predetermined level of inventory, known as the par level, for each product. When stock levels fall below this threshold due to sales or usage, new orders are placed to replenish the inventory back to the par level. This method helps ensure that there is always enough stock on hand to meet demand while minimizing excess inventory and associated carrying costs. By regularly monitoring and adjusting par levels based on usage patterns, businesses can optimize their inventory management.
No, par is par.
on a par with
It means your par
limited amount of pills.
Par Par Lay was born in 1946, in Burma.
The basic meaning of par stock is the amount of stock a business or individual should keep on hand at all times. If your stock amount falls below this par, you should purchase more to keep it at that number.
Its harder to get a hole in one on a par 3. Its common to be chipping from around the green or even putting on your 2nd shot on a par 4.
The highest par in golf is 5. A seven is a double bogey on a par 5 and a triple bogey on a par four and a quadruple bogey on a par 3.
S(emper) par(ātus) "Always ready"
Its fasebook's par