What is other word for warehouse?

In this page you can discover 32 synonyms, antonyms, idiomatic expressions, and related words for warehouse, like: storage place, wharehouse, storehouse, storage warehouse, repository, factory, wholesale establishment, store, depot, bonded warehouse and high-bay.

What are antonyms for inventory?

Antonyms
  • stand still.
  • liability.
  • uncreativeness.
  • original.
  • overstock.
  • understock.
  • irregular.

What is the antonym for?

Definition of antonym

: a word of opposite meaning The usual antonym of good is bad.

What are the antonyms of antonyms?

What is the synonym of inventory?

backlog, fund, index, reserve, stockpile, supply, account, catalogue, file, hoard, itemization, record, register, reservoir, roll, roster, schedule, store, summary, table.

What’s a synonym for storage?

1. storage, retention, keeping, holding. usage: the act of storing something. 2. storehouse, depot, entrepot, storage, store, depository, deposit, depositary, repository.

What are the 4 types of inventory?

While there are many types of inventory, the four major ones are raw materials and components, work in progress, finished goods and maintenance, repair and operating supplies.

What is inventory in simple words?

Inventory refers to all the items, goods, merchandise, and materials held by a business for selling in the market to earn a profit. Example: If a newspaper vendor uses a vehicle to deliver newspapers to the customers, only the newspaper will be considered inventory. The vehicle will be treated as an asset.

What does it mean to do inventory?

1. to make an inventory of stock on hand. 2. to make an appraisal, as of one’s skills or personal characteristics. See full dictionary entry for inventory.

What is the plural of inventory?

noun. in·​ven·​to·​ry | \ ˈin-vən-ˌtȯr-ē \ plural inventories.

What is inventory in a warehouse?

Warehouse inventory includes the products, raw materials, work-in-process goods and finished goods that make up the inventory that is or will be for sale by a company.

What is supply inventory?

Supplies Inventory. Supplies inventory are stock of supplies that have been bought already but not yet used or consumed. Usually refers to a company’s office supplies or in Cost Accounting, as materials inventory. A company usually buys office supplies in bulk, or buys supplies to be used for lets say 3 months.

What are the 3 inventory control systems?

There are two key types of inventory control systems.
  • Perpetual inventory system. A perpetual inventory control system tracks inventory in real-time. …
  • Periodic inventory system. A periodic inventory system is kept up to date by a physical count of goods on hand at specific intervals.

What is WIP full form?

Work in progress (WIP), also called work in process, is inventory that has begun the manufacturing process and is no longer included in raw materials inventory, but is not yet a completed product. On a balance sheet, work in progress is considered to be an asset because money has been spent towards a completed product.

What are the 2 methods of inventory control?

In general, there are two inventory control methods: manual and perpetual.

What is ABC analysis?

ABC analysis is an inventory management technique that determines the value of inventory items based on their importance to the business. ABC ranks items on demand, cost and risk data, and inventory mangers group items into classes based on those criteria.

What is the role of Inventory Manager?

Inventory Manager Job Responsibilities:

Evaluates deliveries, shipments and product levels to improve inventory control procedures. Analyzes daily product and supply levels to anticipate inventory problems and shortages. Manages schedules of employees, deliveries and shipments to optimize operations.

What is WIP inventory management?

In supply-chain management, work-in-progress (WIP) refers to goods that are partially completed. They may also be referred to as in-process inventory. This covers everything from the overhead costs to the raw materials that come together to form the end product at a given stage in the production cycle.

What is JIT quality management?

Just-in-time, or JIT, is an inventory management method in which goods are received from suppliers only as they are needed. The main objective of this method is to reduce inventory holding costs and increase inventory turnover.

What is safety stock level?

Safety stock is a term used by logisticians to describe a level of extra stock that is maintained to mitigate risk of stockouts (shortfall in raw material or packaging) caused by uncertainties in supply and demand. Adequate safety stock levels permit business operations to proceed according to their plans.