Inventory

Systematic counting and valuation of all existing stock of assets (e.g., raw materials, supplies, finished goods) and liabilities of a company at a sp...

Idle Inventory refers to inventory that, due to production delays, quality issues, or fluctuating demand, is not used or sold, thereby incurring unpro...

Inventory of goods that are in the production process but not yet completed, including all incurred material, labor, and overhead costs to date.

Zero Inventory is a logistics strategy in which supply and production processes are synchronized to maintain inventory levels at zero. The goal is to ...

A logistics and supply chain management approach aiming to minimize or eliminate inventory levels by synchronizing production and deliveries with actu...

Loss of stock in a warehouse due to theft, damage, spoilage, or miscount, resulting in a deviation between the recorded quantity and the actual physic...