{"id":129443,"date":"2023-05-09T16:42:17","date_gmt":"2023-05-09T11:12:17","guid":{"rendered":"https:\/\/www.vskills.in\/certification\/tutorial\/?page_id=129443"},"modified":"2024-04-12T14:33:49","modified_gmt":"2024-04-12T09:03:49","slug":"store-and-inventory-glossary","status":"publish","type":"page","link":"https:\/\/www.vskills.in\/certification\/tutorial\/store-and-inventory-glossary\/","title":{"rendered":"Store and Inventory Glossary"},"content":{"rendered":"\n<p>Important definitions and terminologies used in Store and Inventory<\/p>\n\n\n<div id=\"glossary\">\n<div id=\"letter-links\" style=\"font-size: 30px;letter-spacing:20px;\"><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=\"#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=\"#Z\">Z<\/a><\/div>\n<h2 id=\"A\">A<\/h2>\n<ul>\n<li>Abandoned cart in Store and Inventory<\/li>\n<li>Aging inventory in Store and Inventory<\/li>\n<li>Allocation in Store and Inventory<\/li>\n<li>ASN Document (Advanced Shipment Notice) in Store and Inventory<\/li>\n<li>Asset tracking in Store and Inventory<\/li>\n<li>Autonomous Robots in Store and Inventory<\/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 Store and Inventory<\/li>\n<li>Backorder in Store and Inventory<\/li>\n<li>Barcode in Store and Inventory<\/li>\n<li>Batch picking in Store and Inventory<\/li>\n<li>Bill of Materials in Store and Inventory<\/li>\n<li>Blanket Order in Store and Inventory<\/li>\n<li>Blind Count in Store and Inventory<\/li>\n<li>Bonded Warehouse in Store and Inventory<\/li>\n<li>Brick and Click Store in Store and Inventory<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"C\">C<\/h2>\n<ul>\n<li>Carrying Costs in Store and Inventory<\/li>\n<li>Cash register in Store and Inventory<\/li>\n<li>Checkout in Store and Inventory<\/li>\n<li>Cloud Inventory in Store and Inventory<\/li>\n<li>Consignment in Store and Inventory<\/li>\n<li>Consignment inventory in Store and Inventory<\/li>\n<li>Consumable Inventory in Store and Inventory<\/li>\n<li>Consumer Goods in Store and Inventory<\/li>\n<li>Cross-docking in Store and Inventory<\/li>\n<li>Cycle Count in Store and Inventory<\/li>\n<li>Cycle counting in Store and Inventory<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"D\">D<\/h2>\n<ul>\n<li>Dead inventory in Store and Inventory<\/li>\n<li>Deadstock in Store and Inventory<\/li>\n<li>Decoupling Inventory in Store and Inventory<\/li>\n<li>Decoy Pricing in Store and Inventory<\/li>\n<li>Demand Forecasting in Store and Inventory<\/li>\n<li>Demand planning in Store and Inventory<\/li>\n<li>Digital Purchase Order in Store and Inventory<\/li>\n<li>Direct-to-consumer (DTC) in Store and Inventory<\/li>\n<li>Dock-to-Stock in Store and Inventory<\/li>\n<li>Dropshipping in Store and Inventory<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"E\">E<\/h2>\n<ul>\n<li>E-commerce in Store and Inventory<\/li>\n<li>Economic order interval (EOI) in Store and Inventory<\/li>\n<li>Economic order quantity (EOQ) in Store and Inventory<\/li>\n<li>ERP (Enterprise Resource Planning) in Store and Inventory<\/li>\n<li>ERP: Enterprise resource planning in Store and Inventory<\/li>\n<li>Excess stock in Store and Inventory<\/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 Store and Inventory<\/li>\n<li>FIFO (First-In-First-Out) in Store and Inventory<\/li>\n<li>Finished Goods in Store and Inventory<\/li>\n<li>Freight forwarding in Store and Inventory<\/li>\n<li>Fulfillment center in Store and Inventory<\/li>\n<li>Fulfillment in Store and Inventory<\/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 Store and Inventory<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"H\">H<\/h2>\n<ul>\n<li>Holding Cost in Store and Inventory<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"I\">I<\/h2>\n<ul>\n<li>Inbound logistics in Store and Inventory<\/li>\n<li>Inventory accuracy in Store and Inventory<\/li>\n<li>Inventory accuracy rate in Store and Inventory<\/li>\n<li>Inventory adjustment in Store and Inventory<\/li>\n<li>Inventory audit in Store and Inventory<\/li>\n<li>Inventory carrying cost in Store and Inventory<\/li>\n<li>Inventory control in Store and Inventory<\/li>\n<li>Inventory forecasting in Store and Inventory<\/li>\n<li>Inventory management in Store and Inventory<\/li>\n<li>Inventory Management Software in Store and Inventory<\/li>\n<li>Inventory optimization in Store and Inventory<\/li>\n<li>Inventory system in Store and Inventory<\/li>\n<li>Inventory turnover ratio in Store and Inventory<\/li>\n<li>Item master in Store and Inventory<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"J\">J<\/h2>\n<ul>\n<li>JIT (Just-in-Time) in Store and Inventory<\/li>\n<li>Just-in-case inventory in Store and Inventory<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"K\">K<\/h2>\n<ul>\n<li>Kanban in Store and Inventory<\/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 Store and Inventory<\/li>\n<li>Lead time in Store and Inventory<\/li>\n<li>Lead time variability in Store and Inventory<\/li>\n<li>Lean Inventory in Store and Inventory<\/li>\n<li>Lean Manufacturing in Store and Inventory<\/li>\n<li>LIFO (Last-In-First-Out) in Store and Inventory<\/li>\n<li>Lights Out Manufacturing in Store and Inventory<\/li>\n<li>List Price Vs Cost Price in Store and Inventory<\/li>\n<li>Logistics in Store and Inventory<\/li>\n<li>Loss prevention in Store and Inventory<\/li>\n<li>Lost sales in Store and Inventory<\/li>\n<li>Lot tracking in Store and Inventory<\/li>\n<li>Lot \u039dumber in Store and Inventory<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"M\">M<\/h2>\n<ul>\n<li>Min-max inventory system in Store and Inventory<\/li>\n<li>Minimum order quantity (MOQ) in Store and Inventory<\/li>\n<li>MOQ: Minimum Order Quantity in Store and Inventory<\/li>\n<li>MRO Inventory Management in Store and Inventory<\/li>\n<li>Multi-channel selling in Store and Inventory<\/li>\n<li>Multichannel Retail in Store and Inventory<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"O\">O<\/h2>\n<ul>\n<li>Obsolete inventory in Store and Inventory<\/li>\n<li>Omni-channel in Store and Inventory<\/li>\n<li>Omnichannel Retail in Store and Inventory<\/li>\n<li>On-Hand Inventory in Store and Inventory<\/li>\n<li>Online marketplace in Store and Inventory<\/li>\n<li>Open-to-buy (OTB) in Store and Inventory<\/li>\n<li>Order fulfillment center in Store and Inventory<\/li>\n<li>Order fulfillment in Store and Inventory<\/li>\n<li>Order management in Store and Inventory<\/li>\n<li>Order picking in Store and Inventory<\/li>\n<li>Order processing time in Store and Inventory<\/li>\n<li>Out of stock in Store and Inventory<\/li>\n<li>Outbound logistics in Store and Inventory<\/li>\n<li>Overstock in Store and Inventory<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"P\">P<\/h2>\n<ul>\n<li>Packaging and labeling in Store and Inventory<\/li>\n<li>Partial Shipment in Store and Inventory<\/li>\n<li>Periodic Inventory System in Store and Inventory<\/li>\n<li>Perpetual inventory in Store and Inventory<\/li>\n<li>Perpetual Inventory System in Store and Inventory<\/li>\n<li>Physical inventory in Store and Inventory<\/li>\n<li>Pick and pack in Store and Inventory<\/li>\n<li>POS (Point of Sale) in Store and Inventory<\/li>\n<li>Procurement in Store and Inventory<\/li>\n<li>Product Bundling in Store and Inventory<\/li>\n<li>Product lifecycle management (PLM) in Store and Inventory<\/li>\n<li>Purchase order in Store and Inventory<\/li>\n<li>Purchase requisition in Store and Inventory<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"Q\">Q<\/h2>\n<ul>\n<li>QR code in Store and Inventory<\/li>\n<li>Quality control in Store and Inventory<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"R\">R<\/h2>\n<ul>\n<li>Receiving in Store and Inventory<\/li>\n<li>Reorder level in Store and Inventory<\/li>\n<li>Reorder point in Store and Inventory<\/li>\n<li>Replenishment in Store and Inventory<\/li>\n<li>Retail analytics in Store and Inventory<\/li>\n<li>Retail in Store and Inventory<\/li>\n<li>Retail inventory in Store and Inventory<\/li>\n<li>Return merchandise authorization (RMA) in Store and Inventory<\/li>\n<li>Reverse logistics in Store and Inventory<\/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 Store and Inventory<\/li>\n<li>Safety stock level in Store and Inventory<\/li>\n<li>Sales forecasting in Store and Inventory<\/li>\n<li>Sales order in Store and Inventory<\/li>\n<li>Seasonal demand in Store and Inventory<\/li>\n<li>Serialized inventory in Store and Inventory<\/li>\n<li>Ship-from-store in Store and Inventory<\/li>\n<li>Shrinkage in Store and Inventory<\/li>\n<li>SKU (Stock Keeping Unit) in Store and Inventory<\/li>\n<li>SKU (Stock-Keeping-Unit) in Store and Inventory<\/li>\n<li>SRP Pricing in Store and Inventory<\/li>\n<li>Stock control in Store and Inventory<\/li>\n<li>Stock control system in Store and Inventory<\/li>\n<li>Stock keeping in Store and Inventory<\/li>\n<li>Stock Replenishment in Store and Inventory<\/li>\n<li>Stock rotation in Store and Inventory<\/li>\n<li>Stock status in Store and Inventory<\/li>\n<li>Stock turnover in Store and Inventory<\/li>\n<li>Stock valuation in Store and Inventory<\/li>\n<li>Stockout in Store and Inventory<\/li>\n<li>Supplier in Store and Inventory<\/li>\n<li>Supplier management in Store and Inventory<\/li>\n<li>Supply chain in Store and Inventory<\/li>\n<li>Supply chain management in Store and Inventory<\/li>\n<li>Supply chain optimization in Store and Inventory<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"T\">T<\/h2>\n<ul>\n<li>Theft prevention in Store and Inventory<\/li>\n<li>Traceability in Store and Inventory<\/li>\n<li>Transshipment in Store and Inventory<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"U\">U<\/h2>\n<ul>\n<li>Universal Product Code in Store and Inventory<\/li>\n<li>UPC (Universal Product Code) in Store and Inventory<\/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 Store and Inventory<\/li>\n<li>Vendor in Store and Inventory<\/li>\n<li>Vendor Managed Inventory in Store and Inventory<\/li>\n<li>Vendor-managed inventory (VMI) in Store and Inventory<\/li>\n<li>Virtual inventory in Store and Inventory<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"W\">W<\/h2>\n<ul>\n<li>Warehouse in Store and Inventory<\/li>\n<li>Warehouse Management in Store and Inventory<\/li>\n<li>Warehouse management system (WMS) in Store and Inventory<\/li>\n<li>Wave Picking in Store and Inventory<\/li>\n<li>Wholesaler in Store and Inventory<\/li>\n<li>Work order in Store and Inventory<\/li>\n<li>Work-in-progress (WIP) in Store and Inventory<\/li>\n<\/ul>\n<div><a href=\"#top\">Go to Top<\/a><\/div>\n<h2 id=\"Z\">Z<\/h2>\n<ul>\n<li>Zero stock in Store and Inventory<\/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 Store and Inventory ABCDEFGHIJKLMOPQRSTUVWZ 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 Go to Top B Backflush in&#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-129443","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>Store and Inventory Glossary - Tutorial<\/title>\n<meta name=\"description\" content=\"What is Store and Inventory? 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