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.
Reorder Level. Reorder level (or reorder point) is the inventory level at which a company would place a new order or start a new manufacturing run.ead time is the time it takes the supplier or the manufacturing process to provide the ordered units. Daily average usage is the number of units used each day. If a business is holding a safety stock to act as buffer if daily usage accelerates the reorder level would increase by the level of safety stock.