Inventory Management Glossary

A

• ABC analysis in Inventory Management
• Accuracy in Inventory Management
• Aggregate inventory in Inventory Management
• Allocated stock in Inventory Management
• Annual demand in Inventory Management
• Annualized inventory holding cost in Inventory Management
• ASN Document (Advanced Shipment Notice) in Inventory Management
• Asset management in Inventory Management
• Asset utilization in Inventory Management
• Automated inventory system in Inventory Management
• Automated Storage/Retrieval in Inventory Management
• Autonomous Robots in Inventory Management
• Average cost method in Inventory Management
• Average inventory in Inventory Management

B

• Backflush in Inventory Management
• Backlog in Inventory Management
• Backorder in Inventory Management
• Backorder in Inventory Management
• Balancing inventory in Inventory Management
• Barcode in Inventory Management
• Barcoding in Inventory Management
• Base stock level in Inventory Management
• Batch tracking in Inventory Management
• Bill of materials explosion in Inventory Management
• Bill of materials in Inventory Management
• Bill of Materials in Inventory Management
• Bin location in Inventory Management
• Blanket Order in Inventory Management
• Blind Count in Inventory Management
• Bonded Warehouse in Inventory Management
• Brick and Click Store in Inventory Management
• Buffer stock in Inventory Management
• Bundling in Inventory Management

C

• Capacity planning in Inventory Management
• Capacity utilization in Inventory Management
• Carrying cost in Inventory Management
• Carrying cost of capital in Inventory Management
• Carrying cost of inventory in Inventory Management
• Carrying Costs in Inventory Management
• Causal Forecasting in Inventory Management
• Central warehouse in Inventory Management
• Centralized inventory system in Inventory Management
• Chasing demand in Inventory Management
• Cloud Inventory in Inventory Management
• Codification in Inventory Management
• COGS (cost of goods sold) ratio in Inventory Management
• Collateral in Inventory Management
• Consigned inventory in Inventory Management
• Consignment inventory in Inventory Management
• Consignment Inventory in Inventory Management
• Consignment stock in Inventory Management
• Consignment stock in Inventory Management
• Consumable Inventory in Inventory Management
• Consumer Goods in Inventory Management
• Containerization in Inventory Management
• Continuous inventory system in Inventory Management
• Continuous replenishment in Inventory Management
• Cost of goods sold (COGS) in Inventory Management
• Count frequency in Inventory Management
• Cross-docking in Inventory Management
• Cross-functional team in Inventory Management
• Cycle Count in Inventory Management
• Cycle counting in Inventory Management

D

• Days of inventory in Inventory Management
• Days of supply in Inventory Management
• Dead inventory cost in Inventory Management
• Dead inventory in Inventory Management
• Dead stock in Inventory Management
• Decoupling inventory in Inventory Management
• Decoupling Inventory in Inventory Management
• Decoupling point in Inventory Management
• Decoy Pricing in Inventory Management
• Demand forecasting in Inventory Management
• Demand Forecasting in Inventory Management
• Demand planning in Inventory Management
• Demand variability in Inventory Management
• Dependent demand in Inventory Management
• Deterministic Inventory Models in Inventory Management
• Digital Purchase Order in Inventory Management
• Direct labor cost in Inventory Management
• Direct material cost in Inventory Management
• Direct material cost in Inventory Management
• Distribution channel in Inventory Management
• Distribution inventory in Inventory Management
• Distribution requirements planning (DRP) in Inventory Management
• Dock-to-stock in Inventory Management
• Dock-to-Stock in Inventory Management
• Dropshipping in Inventory Management
• Dynamic safety stock in Inventory Management

E

• Economic order quantity (EOQ) in Inventory Management
• Economic production quantity (EPQ) in Inventory Management
• Economic value added (EVA) in Inventory Management
• Efficiency variance in Inventory Management
• Electronic data interchange (EDI) in Inventory Management
• Electronic product code (EPC) in Inventory Management
• Enterprise resource planning (ERP) in Inventory Management
• EOQ (economic order quantity) formula in Inventory Management
• Equipment downtime in Inventory Management
• ERP: Enterprise resource planning in Inventory Management
• Excess and obsolete inventory (E&O) in Inventory Management
• Excess inventory in Inventory Management

F

• FIFO (First-In-First-Out) in Inventory Management
• FIFO (first-in, first-out) cost flow assumption in Inventory Management
• FIFO (first-in, first-out) method in Inventory Management
• Fill rate in Inventory Management
• Fill rate percentage in Inventory Management
• Finished goods in Inventory Management
• Finished Goods in Inventory Management
• Finished goods inventory in Inventory Management
• First-in, first-out (FIFO) in Inventory Management
• Fixed cost in Inventory Management
• Fixed order quantity (FOQ) in Inventory Management
• Fixed-time period model in Inventory Management
• Forecast error in Inventory Management
• Forecast error rate in Inventory Management
• Forecasting Demand in Inventory Management
• Forecasting in Inventory Management
• Free inventory in Inventory Management
• Freight-in in Inventory Management
• Frozen inventory in Inventory Management

G

• Gross margin return on investment (GMROI) in Inventory Management
• Gross requirements calculation in Inventory Management
• Gross requirements in Inventory Management

H

• Handheld scanner in Inventory Management
• High-level coding in Inventory Management
• Historical data analysis in Inventory Management
• Historical demand in Inventory Management
• Holding cost in Inventory Management
• Holding Cost in Inventory Management
• Holding cost per unit in Inventory Management
• Holding cost percentage in Inventory Management
• Horizontal integration in Inventory Management
• Hub and spoke distribution network in Inventory Management

I

• In-process inventory in Inventory Management
• Inbound logistics in Inventory Management
• Inbound transportation in Inventory Management
• Incremental cost in Inventory Management
• Independent demand in Inventory Management
• Inventory audit in Inventory Management
• Inventory Audit in Inventory Management
• Inventory audit trail in Inventory Management
• Inventory carrying cost in Inventory Management
• Inventory carrying cost percentage in Inventory Management
• Inventory control in Inventory Management
• Inventory control system in Inventory Management
• Inventory distribution in Inventory Management
• Inventory hub in Inventory Management
• Inventory in Inventory Management
• Inventory management in Inventory Management
• Inventory Management in Inventory Management
• Inventory Management in Inventory Management
• Inventory Management Software in Inventory Management
• Inventory reduction in Inventory Management
• Inventory shrinkage in Inventory Management
• Inventory turnover in Inventory Management
• Inventory turnover ratio in Inventory Management
• Inventory write-off in Inventory Management

J

• Job shop in Inventory Management
• Joint replenishment in Inventory Management
• Judgmental Forecasts in Inventory Management
• Just-in-time (JIT) in Inventory Management
• Just-in-time in Inventory Management

K

• Kaizen in Inventory Management
• Kanban in Inventory Management
• Kit inventory in Inventory Management
• Kitting in Inventory Management
• Knock-down inventory in Inventory Management
• Knowledge management in Inventory Management

L

• Landed Cost in Inventory Management
• Last-in, first-out (LIFO) method in Inventory Management
• Late delivery rate in Inventory Management
• Lead time demand in Inventory Management
• Lead time in Inventory Management
• Lead time variability in Inventory Management
• Lean inventory in Inventory Management
• Lean Inventory in Inventory Management
• Lean manufacturing in Inventory Management
• Lean Manufacturing in Inventory Management
• Level loading in Inventory Management
• LIFO (Last-In-First-Out) in Inventory Management
• Lights Out Manufacturing in Inventory Management
• List Price Vs Cost Price in Inventory Management
• Logistics management in Inventory Management
• Lot size in Inventory Management
• Lot tracking in Inventory Management
• Lot Νumber in Inventory Management

M

• Make to order (MTO) inventory in Inventory Management
• Make-to-order (MTO) in Inventory Management
• Make-to-stock (MTS) in Inventory Management
• Manufacturing resource planning (MRP II) in Inventory Management
• Margin contribution in Inventory Management
• Master production schedule (MPS) in Inventory Management
• Material overhead cost in Inventory Management
• Material requirements planning (MRP) in Inventory Management
• Materials Handling in Inventory Management
• Mean absolute deviation (MAD) in Inventory Management
• Mean absolute percentage error (MAPE) in Inventory Management
• Minimum order quantity (MOQ) in Inventory Management
• MOQ: Minimum Order Quantity in Inventory Management
• Moving average forecast in Inventory Management
• MRO Inventory Management in Inventory Management
• Multichannel Retail in Inventory Management

N

• Negative inventory balance in Inventory Management
• Negative inventory in Inventory Management
• Net asset value (NAV) in Inventory Management
• Net present value (NPV) in Inventory Management
• Net present value (NPV) of inventory in Inventory Management
• Net requirements in Inventory Management
• Non-functional inventory in Inventory Management
• Non-moving inventory in Inventory Management

O

• Obsolescence in Inventory Management
• Obsolete inventory in Inventory Management
• Obsolete inventory write-off in Inventory Management
• Offline inventory management in Inventory Management
• Omnichannel Retail in Inventory Management
• On-hand inventory in Inventory Management
• On-Hand Inventory in Inventory Management
• On-time delivery rate in Inventory Management
• Open-to-buy (OTB) in Inventory Management
• Operating costs in Inventory Management
• Operations management in Inventory Management
• Order cycle time in Inventory Management
• Order fulfillment in Inventory Management
• Order Fulfillment in Inventory Management
• Order lead time in Inventory Management
• Order management system (OMS) in Inventory Management
• Order picking in Inventory Management
• Out-of-stock cost in Inventory Management
• Out-of-stock in Inventory Management
• Overstocking in Inventory Management

P

• Packing slip in Inventory Management
• Pareto analysis in Inventory Management
• Partial Shipment in Inventory Management
• Periodic inventory system in Inventory Management
• Periodic Inventory System in Inventory Management
• Periodic review system in Inventory Management
• Perpetual inventory system in Inventory Management
• Perpetual Inventory System in Inventory Management
• Physical count variance in Inventory Management
• Physical inventory count in Inventory Management
• Physical inventory in Inventory Management
• Pick and Pack in Inventory Management
• Pick-to-light system in Inventory Management
• Pipeline inventory cost in Inventory Management
• Pipeline inventory in Inventory Management
• Planned order release in Inventory Management
• Planning bills in Inventory Management
• Planning Forecasts in Inventory Management
• Planning horizon in Inventory Management
• Point-of-sale (POS) system in Inventory Management
• Postponement inventory in Inventory Management
• Pre-built assemblies in Inventory Management
• Price variance in Inventory Management
• Primary demand in Inventory Management
• Probabilistic Inventory Models in Inventory Management
• Process-oriented layout in Inventory Management
• Procurement in Inventory Management
• Product Bundling in Inventory Management
• Product lifecycle in Inventory Management
• Production lead time in Inventory Management
• Production order in Inventory Management
• Production planning in Inventory Management
• Production rate in Inventory Management
• Purchase order in Inventory Management
• Purchase Order in Inventory Management
• Purchase order lead time in Inventory Management
• Purchase System in Inventory Management

Q

• Quality assurance in Inventory Management
• Quality control chart in Inventory Management
• Quality control in Inventory Management
• Quantity discounts in Inventory Management
• Quantity variance in Inventory Management
• Quantity-on-hand (QOH) in Inventory Management
• Quick response (QR) in Inventory Management

R

• Raw material inventory in Inventory Management
• Receiving in Inventory Management
• Reorder cycle in Inventory Management
• Reorder point (ROP) in Inventory Management
• Replenishment in Inventory Management
• Reserve stock in Inventory Management
• Retail in Inventory Management
• Retail inventory method in Inventory Management
• Rework cost in Inventory Management
• RFID (radio frequency identification) in Inventory Management
• RFID (radio-frequency identification) technology in Inventory Management
• Rolling forecast in Inventory Management

S

• Safety stock in Inventory Management
• Safety Stock in Inventory Management
• Safety stock level in Inventory Management
• Safety stock percentage in Inventory Management
• Sales and operations planning (S&OP) in Inventory Management
• Sales forecasting in Inventory Management
• Sales order in Inventory Management
• Sales Order in Inventory Management
• Sales order processing in Inventory Management
• Sales-to-inventory ratio in Inventory Management
• Scalability in Inventory Management
• Scrap inventory in Inventory Management
• Seasonal demand in Inventory Management
• Seasonal inventory build-up in Inventory Management
• Seasonal inventory in Inventory Management
• Serialized inventory in Inventory Management
• Service level in Inventory Management
• Service parts inventory in Inventory Management
• Service parts planning in Inventory Management
• Shrinkage cost in Inventory Management
• Single period model in Inventory Management
• SKU (Stock-Keeping-Unit) in Inventory Management
• SKU-level forecasting in Inventory Management
• Slow-moving inventory in Inventory Management
• SRP Pricing in Inventory Management
• Standardisation in Inventory Management
• Stock keeping in Inventory Management
• Stock Replenishment in Inventory Management
• Stock rotation in Inventory Management
• Stock-keeping unit (SKU) in Inventory Management
• Stockless production in Inventory Management
• Stockout cost in Inventory Management
• Store Equipment in Inventory Management
• Stores Management in Inventory Management
• Supply chain management in Inventory Management
• Supply Chain Management in Inventory Management
• Systematic inventory management in Inventory Management

T

• Target inventory level in Inventory Management
• Target service level in Inventory Management
• Terminal demand in Inventory Management
• Third-party logistics (3PL) in Inventory Management
• Time Series in Inventory Management
• Total cost of inventory in Inventory Management
• Total cost of ownership (TCO) in Inventory Management
• Tracking and tracing in Inventory Management
• Transit inventory in Inventory Management
• Transportation management system (TMS) in Inventory Management
• Turn and earn in Inventory Management
• Turnover rate in Inventory Management
• Two-bin inventory system in Inventory Management

U

• Unallocated inventory cost in Inventory Management
• Unallocated stock in Inventory Management
• Unavailable inventory in Inventory Management
• Unavailable-to-promise (UTP) inventory in Inventory Management
• Unclassified inventory in Inventory Management
• Understocking in Inventory Management
• Unit cost in Inventory Management
• Unscheduled downtime in Inventory Management
• Unserviceable inventory in Inventory Management
• Upstream inventory in Inventory Management
• Usage rate in Inventory Management
• Utilization rate in Inventory Management

V

• Value chain in Inventory Management
• Value Chain in Inventory Management
• Value-added time in Inventory Management
• Vendor analysis in Inventory Management
• Vendor analysis report in Inventory Management
• Vendor Managed Inventory in Inventory Management
• Vendor-managed inventory (VMI) cost in Inventory Management
• Vendor-managed inventory (VMI) in Inventory Management
• Virtual inventory count in Inventory Management
• Virtual inventory in Inventory Management
• Virtual inventory management in Inventory Management

W

• Waiting time in Inventory Management
• Warehouse efficiency in Inventory Management
• Warehouse in Inventory Management
• Warehouse layout in Inventory Management
• Warehouse management in Inventory Management
• Warehouse Management in Inventory Management
• Warehouse management system (WMS) in Inventory Management
• Wave Picking in Inventory Management
• Work-in-progress inventory in Inventory Management

X

• XML (extensible markup language) in Inventory Management

Y

• Yield management in Inventory Management
• Yield rate in Inventory Management

Z

• Zero inventory in Inventory Management
• Zero-based budgeting in Inventory Management