Is your company still utilising minimum and maximum within their Inventory Management Systems

In my previous company , we were having dynamic inventory management system in which bin levels vary according to the Material Requirement forecast (Pull system).
There will be two bins with defined bin qty for a particular period.
we keep on consuming the first bin gets empty which is a trigger point to the supplier for supply of material for the defined quantity .
Till the next supply comes material will be consumed from the second bin.
When it is about to finish /stock empty the next consignment will come.
In this process we used to map how many time2bin empty has come - Is it due to delay in supply (ie lead time) or due to large consumption than anticipated then accordingly bin qty will be changed.
If there is no first bin empty for a particular period (lead time) then it is clear indicator for excess inventory Further details pls contact to my mail :

Sure my company focuses on that as we do not wish any of the project scope cum schedule lag due to inflation or urgency as the case may be, and that's why i lay most emphasis on buffer stock to keep boost in production no matter the situation within every minimum and maximum inventory available since every project is targeted on time.

Traffic Signal are use to control FMFO AND FOLLOW THE SUBJECT .

yes,our company still utilizing minimum and maximum within their Inventory Management Systems for reduce the stock 

I personally believe that different businesses require different approaches. In the warehouse business, fast-moving goods are always kept at maximum levels, while slow-moving goods are maintained at minimum levels based on forecast reports. For warehouses, inventory management focuses on optimizing space utilization. On the other hand, this approach may not apply to retail outlets...

I think most of the good companies follow the minimum and maximum in their inventory for  reduce the dead stock,

Yes we utilise Minimum and maximum with in Inventory Mangt. System.

The higher the sales, the higher the inventory and the less