What is Two-Bin Inventory system?

The Two-Bin Inventory system is a method used to manage stock levels for items in a warehouse or retail environment. It involves dividing inventory into two bins: one that is in use and one that serves as a reserve. When the first bin is depleted, a reorder is triggered to replenish stock from the second bin, ensuring that there is always a backup supply available. This system helps maintain optimal inventory levels and reduces the risk of stockouts.