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Calculating safety stock is relatively straightforward, and Im going to show you how to do it in this video. All you need is some basic data on how much of a given product you sell, or use up, in a day plus how long that stock takes to get to you once you order more. If you have that information you can plug it into a basic formula and that will spit out a recommended safety stock number for any product in your business. And the same goes for reorder points. But before we do that I want explain why we set safety stock -- when its a good idea, when it can be a bad idea. And clear up some definitions so you can feel really confident using these basic inventory management principles in your business. Safety Stock is stock that you hold as a buffer. The purpose of safety stock is simply to protect your business from delays in your supply chain. In a perfect world, you would never eat into it its there to cover you when the unexpected happens, and the st