Store and Inventory Glossary

Important definitions and terminologies used in Store and Inventory

A

  • Abandoned cart in Store and Inventory
  • Aging inventory in Store and Inventory
  • Allocation in Store and Inventory
  • ASN Document (Advanced Shipment Notice) in Store and Inventory
  • Asset tracking in Store and Inventory
  • Autonomous Robots in Store and Inventory

B

  • Backflush in Store and Inventory
  • Backorder in Store and Inventory
  • Barcode in Store and Inventory
  • Batch picking in Store and Inventory
  • Bill of Materials in Store and Inventory
  • Blanket Order in Store and Inventory
  • Blind Count in Store and Inventory
  • Bonded Warehouse in Store and Inventory
  • Brick and Click Store in Store and Inventory

C

  • Carrying Costs in Store and Inventory
  • Cash register in Store and Inventory
  • Checkout in Store and Inventory
  • Cloud Inventory in Store and Inventory
  • Consignment in Store and Inventory
  • Consignment inventory in Store and Inventory
  • Consumable Inventory in Store and Inventory
  • Consumer Goods in Store and Inventory
  • Cross-docking in Store and Inventory
  • Cycle Count in Store and Inventory
  • Cycle counting in Store and Inventory

D

  • Dead inventory in Store and Inventory
  • Deadstock in Store and Inventory
  • Decoupling Inventory in Store and Inventory
  • Decoy Pricing in Store and Inventory
  • Demand Forecasting in Store and Inventory
  • Demand planning in Store and Inventory
  • Digital Purchase Order in Store and Inventory
  • Direct-to-consumer (DTC) in Store and Inventory
  • Dock-to-Stock in Store and Inventory
  • Dropshipping in Store and Inventory

E

  • E-commerce in Store and Inventory
  • Economic order interval (EOI) in Store and Inventory
  • Economic order quantity (EOQ) in Store and Inventory
  • ERP (Enterprise Resource Planning) in Store and Inventory
  • ERP: Enterprise resource planning in Store and Inventory
  • Excess stock in Store and Inventory

F

  • FIFO (First In, First Out) in Store and Inventory
  • FIFO (First-In-First-Out) in Store and Inventory
  • Finished Goods in Store and Inventory
  • Freight forwarding in Store and Inventory
  • Fulfillment center in Store and Inventory
  • Fulfillment in Store and Inventory

G

  • Gross margin return on investment (GMROI) in Store and Inventory

H

  • Holding Cost in Store and Inventory

I

  • Inbound logistics in Store and Inventory
  • Inventory accuracy in Store and Inventory
  • Inventory accuracy rate in Store and Inventory
  • Inventory adjustment in Store and Inventory
  • Inventory audit in Store and Inventory
  • Inventory carrying cost in Store and Inventory
  • Inventory control in Store and Inventory
  • Inventory forecasting in Store and Inventory
  • Inventory management in Store and Inventory
  • Inventory Management Software in Store and Inventory
  • Inventory optimization in Store and Inventory
  • Inventory system in Store and Inventory
  • Inventory turnover ratio in Store and Inventory
  • Item master in Store and Inventory

J

  • JIT (Just-in-Time) in Store and Inventory
  • Just-in-case inventory in Store and Inventory

K

  • Kanban in Store and Inventory

L

  • Landed Cost in Store and Inventory
  • Lead time in Store and Inventory
  • Lead time variability in Store and Inventory
  • Lean Inventory in Store and Inventory
  • Lean Manufacturing in Store and Inventory
  • LIFO (Last-In-First-Out) in Store and Inventory
  • Lights Out Manufacturing in Store and Inventory
  • List Price Vs Cost Price in Store and Inventory
  • Logistics in Store and Inventory
  • Loss prevention in Store and Inventory
  • Lost sales in Store and Inventory
  • Lot tracking in Store and Inventory
  • Lot Νumber in Store and Inventory

M

  • Min-max inventory system in Store and Inventory
  • Minimum order quantity (MOQ) in Store and Inventory
  • MOQ: Minimum Order Quantity in Store and Inventory
  • MRO Inventory Management in Store and Inventory
  • Multi-channel selling in Store and Inventory
  • Multichannel Retail in Store and Inventory

O

  • Obsolete inventory in Store and Inventory
  • Omni-channel in Store and Inventory
  • Omnichannel Retail in Store and Inventory
  • On-Hand Inventory in Store and Inventory
  • Online marketplace in Store and Inventory
  • Open-to-buy (OTB) in Store and Inventory
  • Order fulfillment center in Store and Inventory
  • Order fulfillment in Store and Inventory
  • Order management in Store and Inventory
  • Order picking in Store and Inventory
  • Order processing time in Store and Inventory
  • Out of stock in Store and Inventory
  • Outbound logistics in Store and Inventory
  • Overstock in Store and Inventory

P

  • Packaging and labeling in Store and Inventory
  • Partial Shipment in Store and Inventory
  • Periodic Inventory System in Store and Inventory
  • Perpetual inventory in Store and Inventory
  • Perpetual Inventory System in Store and Inventory
  • Physical inventory in Store and Inventory
  • Pick and pack in Store and Inventory
  • POS (Point of Sale) in Store and Inventory
  • Procurement in Store and Inventory
  • Product Bundling in Store and Inventory
  • Product lifecycle management (PLM) in Store and Inventory
  • Purchase order in Store and Inventory
  • Purchase requisition in Store and Inventory

Q

  • QR code in Store and Inventory
  • Quality control in Store and Inventory

R

  • Receiving in Store and Inventory
  • Reorder level in Store and Inventory
  • Reorder point in Store and Inventory
  • Replenishment in Store and Inventory
  • Retail analytics in Store and Inventory
  • Retail in Store and Inventory
  • Retail inventory in Store and Inventory
  • Return merchandise authorization (RMA) in Store and Inventory
  • Reverse logistics in Store and Inventory

S

  • Safety stock in Store and Inventory
  • Safety stock level in Store and Inventory
  • Sales forecasting in Store and Inventory
  • Sales order in Store and Inventory
  • Seasonal demand in Store and Inventory
  • Serialized inventory in Store and Inventory
  • Ship-from-store in Store and Inventory
  • Shrinkage in Store and Inventory
  • SKU (Stock Keeping Unit) in Store and Inventory
  • SKU (Stock-Keeping-Unit) in Store and Inventory
  • SRP Pricing in Store and Inventory
  • Stock control in Store and Inventory
  • Stock control system in Store and Inventory
  • Stock keeping in Store and Inventory
  • Stock Replenishment in Store and Inventory
  • Stock rotation in Store and Inventory
  • Stock status in Store and Inventory
  • Stock turnover in Store and Inventory
  • Stock valuation in Store and Inventory
  • Stockout in Store and Inventory
  • Supplier in Store and Inventory
  • Supplier management in Store and Inventory
  • Supply chain in Store and Inventory
  • Supply chain management in Store and Inventory
  • Supply chain optimization in Store and Inventory

T

  • Theft prevention in Store and Inventory
  • Traceability in Store and Inventory
  • Transshipment in Store and Inventory

U

  • Universal Product Code in Store and Inventory
  • UPC (Universal Product Code) in Store and Inventory

V

  • Value Chain in Store and Inventory
  • Vendor in Store and Inventory
  • Vendor Managed Inventory in Store and Inventory
  • Vendor-managed inventory (VMI) in Store and Inventory
  • Virtual inventory in Store and Inventory

W

  • Warehouse in Store and Inventory
  • Warehouse Management in Store and Inventory
  • Warehouse management system (WMS) in Store and Inventory
  • Wave Picking in Store and Inventory
  • Wholesaler in Store and Inventory
  • Work order in Store and Inventory
  • Work-in-progress (WIP) in Store and Inventory

Z

  • Zero stock in Store and Inventory
Business Development Management Glossary
Freight Forwarding Glossary

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