{"id":127473,"date":"2023-05-03T17:40:20","date_gmt":"2023-05-03T12:10:20","guid":{"rendered":"https:\/\/www.vskills.in\/certification\/tutorial\/?page_id=127473"},"modified":"2024-04-12T14:33:04","modified_gmt":"2024-04-12T09:03:04","slug":"inventory-management-glossary","status":"publish","type":"page","link":"https:\/\/www.vskills.in\/certification\/tutorial\/inventory-management-glossary\/","title":{"rendered":"Inventory Management Glossary"},"content":{"rendered":"\n<p>Important definitions and terminologies used in Inventory Management<\/p>\n\n\n<div id=\"glossary\">\n<div style=\"font-size: 30px;letter-spacing:20px;\" id=\"letter-links\"><a href=\"#A\">A<\/a><a href=\"#B\">B<\/a><a href=\"#C\">C<\/a><a href=\"#D\">D<\/a><a href=\"#E\">E<\/a><a href=\"#F\">F<\/a><a href=\"#G\">G<\/a><a href=\"#H\">H<\/a><a href=\"#I\">I<\/a><a href=\"#J\">J<\/a><a href=\"#K\">K<\/a><a href=\"#L\">L<\/a><a href=\"#M\">M<\/a><a href=\"#N\">N<\/a><a href=\"#O\">O<\/a><a href=\"#P\">P<\/a><a href=\"#Q\">Q<\/a><a href=\"#R\">R<\/a><a href=\"#S\">S<\/a><a href=\"#T\">T<\/a><a href=\"#U\">U<\/a><a href=\"#V\">V<\/a><a href=\"#W\">W<\/a><a href=\"#X\">X<\/a><a href=\"#Y\">Y<\/a><a href=\"#Z\">Z<\/a><\/div>\n<h2 id=\"A\">A<\/h2>\n<ul>\n<li>ABC analysis in Inventory Management<\/li>\n<li>Accuracy in Inventory Management<\/li>\n<li>Aggregate inventory in Inventory Management<\/li>\n<li>Allocated stock in Inventory Management<\/li>\n<li>Annual demand in Inventory Management<\/li>\n<li>Annualized inventory holding cost in Inventory Management<\/li>\n<li>ASN Document (Advanced Shipment Notice) in Inventory Management<\/li>\n<li>Asset management in Inventory Management<\/li>\n<li>Asset utilization in Inventory Management<\/li>\n<li>Automated inventory system in Inventory Management<\/li>\n<li>Automated Storage\/Retrieval in Inventory Management<\/li>\n<li>Autonomous Robots in Inventory Management<\/li>\n<li>Average cost method in Inventory Management<\/li>\n<li>Average inventory in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"B\">B<\/h2>\n<ul>\n<li>Backflush in Inventory Management<\/li>\n<li>Backlog in Inventory Management<\/li>\n<li>Backorder in Inventory Management<\/li>\n<li>Backorder in Inventory Management<\/li>\n<li>Balancing inventory in Inventory Management<\/li>\n<li>Barcode in Inventory Management<\/li>\n<li>Barcoding in Inventory Management<\/li>\n<li>Base stock level in Inventory Management<\/li>\n<li>Batch tracking in Inventory Management<\/li>\n<li>Bill of materials explosion in Inventory Management<\/li>\n<li>Bill of materials in Inventory Management<\/li>\n<li>Bill of Materials in Inventory Management<\/li>\n<li>Bin location in Inventory Management<\/li>\n<li>Blanket Order in Inventory Management<\/li>\n<li>Blind Count in Inventory Management<\/li>\n<li>Bonded Warehouse in Inventory Management<\/li>\n<li>Brick and Click Store in Inventory Management<\/li>\n<li>Buffer stock in Inventory Management<\/li>\n<li>Bundling in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"C\">C<\/h2>\n<ul>\n<li>Capacity planning in Inventory Management<\/li>\n<li>Capacity utilization in Inventory Management<\/li>\n<li>Carrying cost in Inventory Management<\/li>\n<li>Carrying cost of capital in Inventory Management<\/li>\n<li>Carrying cost of inventory in Inventory Management<\/li>\n<li>Carrying Costs in Inventory Management<\/li>\n<li>Causal Forecasting in Inventory Management<\/li>\n<li>Central warehouse in Inventory Management<\/li>\n<li>Centralized inventory system in Inventory Management<\/li>\n<li>Chasing demand in Inventory Management<\/li>\n<li>Cloud Inventory in Inventory Management<\/li>\n<li>Codification in Inventory Management<\/li>\n<li>COGS (cost of goods sold) ratio in Inventory Management<\/li>\n<li>Collateral in Inventory Management<\/li>\n<li>Consigned inventory in Inventory Management<\/li>\n<li>Consignment inventory in Inventory Management<\/li>\n<li>Consignment Inventory in Inventory Management<\/li>\n<li>Consignment stock in Inventory Management<\/li>\n<li>Consignment stock in Inventory Management<\/li>\n<li>Consumable Inventory in Inventory Management<\/li>\n<li>Consumer Goods in Inventory Management<\/li>\n<li>Containerization in Inventory Management<\/li>\n<li>Continuous inventory system in Inventory Management<\/li>\n<li>Continuous replenishment in Inventory Management<\/li>\n<li>Cost of goods sold (COGS) in Inventory Management<\/li>\n<li>Count frequency in Inventory Management<\/li>\n<li>Cross-docking in Inventory Management<\/li>\n<li>Cross-functional team in Inventory Management<\/li>\n<li>Cycle Count in Inventory Management<\/li>\n<li>Cycle counting in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"D\">D<\/h2>\n<ul>\n<li>Days of inventory in Inventory Management<\/li>\n<li>Days of supply in Inventory Management<\/li>\n<li>Dead inventory cost in Inventory Management<\/li>\n<li>Dead inventory in Inventory Management<\/li>\n<li>Dead stock in Inventory Management<\/li>\n<li>Decoupling inventory in Inventory Management<\/li>\n<li>Decoupling Inventory in Inventory Management<\/li>\n<li>Decoupling point in Inventory Management<\/li>\n<li>Decoy Pricing in Inventory Management<\/li>\n<li>Demand forecasting in Inventory Management<\/li>\n<li>Demand Forecasting in Inventory Management<\/li>\n<li>Demand planning in Inventory Management<\/li>\n<li>Demand variability in Inventory Management<\/li>\n<li>Dependent demand in Inventory Management<\/li>\n<li>Deterministic Inventory Models in Inventory Management<\/li>\n<li>Digital Purchase Order in Inventory Management<\/li>\n<li>Direct labor cost in Inventory Management<\/li>\n<li>Direct material cost in Inventory Management<\/li>\n<li>Direct material cost in Inventory Management<\/li>\n<li>Distribution channel in Inventory Management<\/li>\n<li>Distribution inventory in Inventory Management<\/li>\n<li>Distribution requirements planning (DRP) in Inventory Management<\/li>\n<li>Dock-to-stock in Inventory Management<\/li>\n<li>Dock-to-Stock in Inventory Management<\/li>\n<li>Dropshipping in Inventory Management<\/li>\n<li>Dynamic safety stock in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"E\">E<\/h2>\n<ul>\n<li>Economic order quantity (EOQ) in Inventory Management<\/li>\n<li>Economic production quantity (EPQ) in Inventory Management<\/li>\n<li>Economic value added (EVA) in Inventory Management<\/li>\n<li>Efficiency variance in Inventory Management<\/li>\n<li>Electronic data interchange (EDI) in Inventory Management<\/li>\n<li>Electronic product code (EPC) in Inventory Management<\/li>\n<li>Enterprise resource planning (ERP) in Inventory Management<\/li>\n<li>EOQ (economic order quantity) formula in Inventory Management<\/li>\n<li>Equipment downtime in Inventory Management<\/li>\n<li>ERP: Enterprise resource planning in Inventory Management<\/li>\n<li>Excess and obsolete inventory (E&amp;O) in Inventory Management<\/li>\n<li>Excess inventory in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"F\">F<\/h2>\n<ul>\n<li>FIFO (First-In-First-Out) in Inventory Management<\/li>\n<li>FIFO (first-in, first-out) cost flow assumption in Inventory Management<\/li>\n<li>FIFO (first-in, first-out) method in Inventory Management<\/li>\n<li>Fill rate in Inventory Management<\/li>\n<li>Fill rate percentage in Inventory Management<\/li>\n<li>Finished goods in Inventory Management<\/li>\n<li>Finished Goods in Inventory Management<\/li>\n<li>Finished goods inventory in Inventory Management<\/li>\n<li>First-in, first-out (FIFO) in Inventory Management<\/li>\n<li>Fixed cost in Inventory Management<\/li>\n<li>Fixed order quantity (FOQ) in Inventory Management<\/li>\n<li>Fixed-time period model in Inventory Management<\/li>\n<li>Forecast error in Inventory Management<\/li>\n<li>Forecast error rate in Inventory Management<\/li>\n<li>Forecasting Demand in Inventory Management<\/li>\n<li>Forecasting in Inventory Management<\/li>\n<li>Free inventory in Inventory Management<\/li>\n<li>Freight-in in Inventory Management<\/li>\n<li>Frozen inventory in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"G\">G<\/h2>\n<ul>\n<li>Gross margin return on investment (GMROI) in Inventory Management<\/li>\n<li>Gross requirements calculation in Inventory Management<\/li>\n<li>Gross requirements in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"H\">H<\/h2>\n<ul>\n<li>Handheld scanner in Inventory Management<\/li>\n<li>High-level coding in Inventory Management<\/li>\n<li>Historical data analysis in Inventory Management<\/li>\n<li>Historical demand in Inventory Management<\/li>\n<li>Holding cost in Inventory Management<\/li>\n<li>Holding Cost in Inventory Management<\/li>\n<li>Holding cost per unit in Inventory Management<\/li>\n<li>Holding cost percentage in Inventory Management<\/li>\n<li>Horizontal integration in Inventory Management<\/li>\n<li>Hub and spoke distribution network in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"I\">I<\/h2>\n<ul>\n<li>In-process inventory in Inventory Management<\/li>\n<li>Inbound logistics in Inventory Management<\/li>\n<li>Inbound transportation in Inventory Management<\/li>\n<li>Incremental cost in Inventory Management<\/li>\n<li>Independent demand in Inventory Management<\/li>\n<li>Inventory audit in Inventory Management<\/li>\n<li>Inventory Audit in Inventory Management<\/li>\n<li>Inventory audit trail in Inventory Management<\/li>\n<li>Inventory carrying cost in Inventory Management<\/li>\n<li>Inventory carrying cost percentage in Inventory Management<\/li>\n<li>Inventory control in Inventory Management<\/li>\n<li>Inventory control system in Inventory Management<\/li>\n<li>Inventory distribution in Inventory Management<\/li>\n<li>Inventory hub in Inventory Management<\/li>\n<li>Inventory in Inventory Management<\/li>\n<li>Inventory management in Inventory Management<\/li>\n<li>Inventory Management in Inventory Management<\/li>\n<li>Inventory Management in Inventory Management<\/li>\n<li>Inventory Management Software in Inventory Management<\/li>\n<li>Inventory reduction in Inventory Management<\/li>\n<li>Inventory shrinkage in Inventory Management<\/li>\n<li>Inventory turnover in Inventory Management<\/li>\n<li>Inventory turnover ratio in Inventory Management<\/li>\n<li>Inventory write-off in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"J\">J<\/h2>\n<ul>\n<li>Job shop in Inventory Management<\/li>\n<li>Joint replenishment in Inventory Management<\/li>\n<li>Judgmental Forecasts in Inventory Management<\/li>\n<li>Just-in-time (JIT) in Inventory Management<\/li>\n<li>Just-in-time in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"K\">K<\/h2>\n<ul>\n<li>Kaizen in Inventory Management<\/li>\n<li>Kanban in Inventory Management<\/li>\n<li>Kit inventory in Inventory Management<\/li>\n<li>Kitting in Inventory Management<\/li>\n<li>Knock-down inventory in Inventory Management<\/li>\n<li>Knowledge management in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"L\">L<\/h2>\n<ul>\n<li>Landed Cost in Inventory Management<\/li>\n<li>Last-in, first-out (LIFO) method in Inventory Management<\/li>\n<li>Late delivery rate in Inventory Management<\/li>\n<li>Lead time demand in Inventory Management<\/li>\n<li>Lead time in Inventory Management<\/li>\n<li>Lead time variability in Inventory Management<\/li>\n<li>Lean inventory in Inventory Management<\/li>\n<li>Lean Inventory in Inventory Management<\/li>\n<li>Lean manufacturing in Inventory Management<\/li>\n<li>Lean Manufacturing in Inventory Management<\/li>\n<li>Level loading in Inventory Management<\/li>\n<li>LIFO (Last-In-First-Out) in Inventory Management<\/li>\n<li>Lights Out Manufacturing in Inventory Management<\/li>\n<li>List Price Vs Cost Price in Inventory Management<\/li>\n<li>Logistics management in Inventory Management<\/li>\n<li>Lot size in Inventory Management<\/li>\n<li>Lot tracking in Inventory Management<\/li>\n<li>Lot \u039dumber in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"M\">M<\/h2>\n<ul>\n<li>Make to order (MTO) inventory in Inventory Management<\/li>\n<li>Make-to-order (MTO) in Inventory Management<\/li>\n<li>Make-to-stock (MTS) in Inventory Management<\/li>\n<li>Manufacturing resource planning (MRP II) in Inventory Management<\/li>\n<li>Margin contribution in Inventory Management<\/li>\n<li>Master production schedule (MPS) in Inventory Management<\/li>\n<li>Material overhead cost in Inventory Management<\/li>\n<li>Material requirements planning (MRP) in Inventory Management<\/li>\n<li>Materials Handling in Inventory Management<\/li>\n<li>Mean absolute deviation (MAD) in Inventory Management<\/li>\n<li>Mean absolute percentage error (MAPE) in Inventory Management<\/li>\n<li>Minimum order quantity (MOQ) in Inventory Management<\/li>\n<li>MOQ: Minimum Order Quantity in Inventory Management<\/li>\n<li>Moving average forecast in Inventory Management<\/li>\n<li>MRO Inventory Management in Inventory Management<\/li>\n<li>Multichannel Retail in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"N\">N<\/h2>\n<ul>\n<li>Negative inventory balance in Inventory Management<\/li>\n<li>Negative inventory in Inventory Management<\/li>\n<li>Net asset value (NAV) in Inventory Management<\/li>\n<li>Net present value (NPV) in Inventory Management<\/li>\n<li>Net present value (NPV) of inventory in Inventory Management<\/li>\n<li>Net requirements in Inventory Management<\/li>\n<li>Non-functional inventory in Inventory Management<\/li>\n<li>Non-moving inventory in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"O\">O<\/h2>\n<ul>\n<li>Obsolescence in Inventory Management<\/li>\n<li>Obsolete inventory in Inventory Management<\/li>\n<li>Obsolete inventory write-off in Inventory Management<\/li>\n<li>Offline inventory management in Inventory Management<\/li>\n<li>Omnichannel Retail in Inventory Management<\/li>\n<li>On-hand inventory in Inventory Management<\/li>\n<li>On-Hand Inventory in Inventory Management<\/li>\n<li>On-time delivery rate in Inventory Management<\/li>\n<li>Open-to-buy (OTB) in Inventory Management<\/li>\n<li>Operating costs in Inventory Management<\/li>\n<li>Operations management in Inventory Management<\/li>\n<li>Order cycle time in Inventory Management<\/li>\n<li>Order fulfillment in Inventory Management<\/li>\n<li>Order Fulfillment in Inventory Management<\/li>\n<li>Order lead time in Inventory Management<\/li>\n<li>Order management system (OMS) in Inventory Management<\/li>\n<li>Order picking in Inventory Management<\/li>\n<li>Out-of-stock cost in Inventory Management<\/li>\n<li>Out-of-stock in Inventory Management<\/li>\n<li>Overstocking in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"P\">P<\/h2>\n<ul>\n<li>Packing slip in Inventory Management<\/li>\n<li>Pareto analysis in Inventory Management<\/li>\n<li>Partial Shipment in Inventory Management<\/li>\n<li>Periodic inventory system in Inventory Management<\/li>\n<li>Periodic Inventory System in Inventory Management<\/li>\n<li>Periodic review system in Inventory Management<\/li>\n<li>Perpetual inventory system in Inventory Management<\/li>\n<li>Perpetual Inventory System in Inventory Management<\/li>\n<li>Physical count variance in Inventory Management<\/li>\n<li>Physical inventory count in Inventory Management<\/li>\n<li>Physical inventory in Inventory Management<\/li>\n<li>Pick and Pack in Inventory Management<\/li>\n<li>Pick-to-light system in Inventory Management<\/li>\n<li>Pipeline inventory cost in Inventory Management<\/li>\n<li>Pipeline inventory in Inventory Management<\/li>\n<li>Planned order release in Inventory Management<\/li>\n<li>Planning bills in Inventory Management<\/li>\n<li>Planning Forecasts in Inventory Management<\/li>\n<li>Planning horizon in Inventory Management<\/li>\n<li>Point-of-sale (POS) system in Inventory Management<\/li>\n<li>Postponement inventory in Inventory Management<\/li>\n<li>Pre-built assemblies in Inventory Management<\/li>\n<li>Price variance in Inventory Management<\/li>\n<li>Primary demand in Inventory Management<\/li>\n<li>Probabilistic Inventory Models in Inventory Management<\/li>\n<li>Process-oriented layout in Inventory Management<\/li>\n<li>Procurement in Inventory Management<\/li>\n<li>Product Bundling in Inventory Management<\/li>\n<li>Product lifecycle in Inventory Management<\/li>\n<li>Production lead time in Inventory Management<\/li>\n<li>Production order in Inventory Management<\/li>\n<li>Production planning in Inventory Management<\/li>\n<li>Production rate in Inventory Management<\/li>\n<li>Purchase order in Inventory Management<\/li>\n<li>Purchase Order in Inventory Management<\/li>\n<li>Purchase order lead time in Inventory Management<\/li>\n<li>Purchase System in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"Q\">Q<\/h2>\n<ul>\n<li>Quality assurance in Inventory Management<\/li>\n<li>Quality control chart in Inventory Management<\/li>\n<li>Quality control in Inventory Management<\/li>\n<li>Quantity discounts in Inventory Management<\/li>\n<li>Quantity variance in Inventory Management<\/li>\n<li>Quantity-on-hand (QOH) in Inventory Management<\/li>\n<li>Quick response (QR) in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"R\">R<\/h2>\n<ul>\n<li>Raw material inventory in Inventory Management<\/li>\n<li>Receiving in Inventory Management<\/li>\n<li>Reorder cycle in Inventory Management<\/li>\n<li>Reorder point (ROP) in Inventory Management<\/li>\n<li>Replenishment in Inventory Management<\/li>\n<li>Reserve stock in Inventory Management<\/li>\n<li>Retail in Inventory Management<\/li>\n<li>Retail inventory method in Inventory Management<\/li>\n<li>Rework cost in Inventory Management<\/li>\n<li>RFID (radio frequency identification) in Inventory Management<\/li>\n<li>RFID (radio-frequency identification) technology in Inventory Management<\/li>\n<li>Rolling forecast in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"S\">S<\/h2>\n<ul>\n<li>Safety stock in Inventory Management<\/li>\n<li>Safety Stock in Inventory Management<\/li>\n<li>Safety stock level in Inventory Management<\/li>\n<li>Safety stock percentage in Inventory Management<\/li>\n<li>Sales and operations planning (S&amp;OP) in Inventory Management<\/li>\n<li>Sales forecasting in Inventory Management<\/li>\n<li>Sales order in Inventory Management<\/li>\n<li>Sales Order in Inventory Management<\/li>\n<li>Sales order processing in Inventory Management<\/li>\n<li>Sales-to-inventory ratio in Inventory Management<\/li>\n<li>Scalability in Inventory Management<\/li>\n<li>Scrap inventory in Inventory Management<\/li>\n<li>Seasonal demand in Inventory Management<\/li>\n<li>Seasonal inventory build-up in Inventory Management<\/li>\n<li>Seasonal inventory in Inventory Management<\/li>\n<li>Serialized inventory in Inventory Management<\/li>\n<li>Service level in Inventory Management<\/li>\n<li>Service parts inventory in Inventory Management<\/li>\n<li>Service parts planning in Inventory Management<\/li>\n<li>Shrinkage cost in Inventory Management<\/li>\n<li>Single period model in Inventory Management<\/li>\n<li>SKU (Stock-Keeping-Unit) in Inventory Management<\/li>\n<li>SKU-level forecasting in Inventory Management<\/li>\n<li>Slow-moving inventory in Inventory Management<\/li>\n<li>SRP Pricing in Inventory Management<\/li>\n<li>Standardisation in Inventory Management<\/li>\n<li>Stock keeping in Inventory Management<\/li>\n<li>Stock Replenishment in Inventory Management<\/li>\n<li>Stock rotation in Inventory Management<\/li>\n<li>Stock-keeping unit (SKU) in Inventory Management<\/li>\n<li>Stockless production in Inventory Management<\/li>\n<li>Stockout cost in Inventory Management<\/li>\n<li>Store Equipment in Inventory Management<\/li>\n<li>Stores Management in Inventory Management<\/li>\n<li>Supply chain management in Inventory Management<\/li>\n<li>Supply Chain Management in Inventory Management<\/li>\n<li>Systematic inventory management in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"T\">T<\/h2>\n<ul>\n<li>Target inventory level in Inventory Management<\/li>\n<li>Target service level in Inventory Management<\/li>\n<li>Terminal demand in Inventory Management<\/li>\n<li>Third-party logistics (3PL) in Inventory Management<\/li>\n<li>Time Series in Inventory Management<\/li>\n<li>Total cost of inventory in Inventory Management<\/li>\n<li>Total cost of ownership (TCO) in Inventory Management<\/li>\n<li>Tracking and tracing in Inventory Management<\/li>\n<li>Transit inventory in Inventory Management<\/li>\n<li>Transportation management system (TMS) in Inventory Management<\/li>\n<li>Turn and earn in Inventory Management<\/li>\n<li>Turnover rate in Inventory Management<\/li>\n<li>Two-bin inventory system in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"U\">U<\/h2>\n<ul>\n<li>Unallocated inventory cost in Inventory Management<\/li>\n<li>Unallocated stock in Inventory Management<\/li>\n<li>Unavailable inventory in Inventory Management<\/li>\n<li>Unavailable-to-promise (UTP) inventory in Inventory Management<\/li>\n<li>Unclassified inventory in Inventory Management<\/li>\n<li>Understocking in Inventory Management<\/li>\n<li>Unit cost in Inventory Management<\/li>\n<li>Unscheduled downtime in Inventory Management<\/li>\n<li>Unserviceable inventory in Inventory Management<\/li>\n<li>Upstream inventory in Inventory Management<\/li>\n<li>Usage rate in Inventory Management<\/li>\n<li>Utilization rate in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"V\">V<\/h2>\n<ul>\n<li>Value chain in Inventory Management<\/li>\n<li>Value Chain in Inventory Management<\/li>\n<li>Value-added time in Inventory Management<\/li>\n<li>Vendor analysis in Inventory Management<\/li>\n<li>Vendor analysis report in Inventory Management<\/li>\n<li>Vendor Managed Inventory in Inventory Management<\/li>\n<li>Vendor-managed inventory (VMI) cost in Inventory Management<\/li>\n<li>Vendor-managed inventory (VMI) in Inventory Management<\/li>\n<li>Virtual inventory count in Inventory Management<\/li>\n<li>Virtual inventory in Inventory Management<\/li>\n<li>Virtual inventory management in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"W\">W<\/h2>\n<ul>\n<li>Waiting time in Inventory Management<\/li>\n<li>Warehouse efficiency in Inventory Management<\/li>\n<li>Warehouse in Inventory Management<\/li>\n<li>Warehouse layout in Inventory Management<\/li>\n<li>Warehouse management in Inventory Management<\/li>\n<li>Warehouse Management in Inventory Management<\/li>\n<li>Warehouse management system (WMS) in Inventory Management<\/li>\n<li>Wave Picking in Inventory Management<\/li>\n<li>Work-in-progress inventory in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"X\">X<\/h2>\n<ul>\n<li>XML (extensible markup language) in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"Y\">Y<\/h2>\n<ul>\n<li>Yield management in Inventory Management<\/li>\n<li>Yield rate in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"Z\">Z<\/h2>\n<ul>\n<li>Zero inventory in Inventory Management<\/li>\n<li>Zero-based budgeting in Inventory Management<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Important definitions and terminologies used in Inventory Management ABCDEFGHIJKLMNOPQRSTUVWXYZ 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&#8230;<\/p>\n","protected":false},"author":10,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-127473","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Inventory Management Glossary - Tutorial<\/title>\n<meta name=\"description\" content=\"What is Inventory Management? 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