Inventory

Definition: Inventory is referring to a stock or store of goods or services kept for use or for sale in the future. INV includes raw materials and supplies/purchased parts, partially completed goods that is work-in-progress (WIP), finished goods and goods-in-transit (GIT).
Motives for holding INV include transactional motives, precautionary motives, speculative motives, seasonal and dead stock holding.

💡

Learn more about Inventory.

More on inventory: ABC Analysis, Inventory Management, Materials Management, Vendor Managed Inventory, Weighted Average Cost of Inventory.

MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program.

We keep it short and provide links to high-quality websites where you can learn more about your topic.

Add MBA Brief to your desktop / iPad