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Rackbeats Inventory Management Glossary

It can be difficult to navigate all the inventory management terms, order handling jargon and product phrases. That's why we have created a glossary where you can get detailed explanations.
A
Average Inventory Agile Inventory Management Audit Trail ABC Analysis Automation Aging Inventory
B
Batch of Goods Batch Number Batch Picking B2B Batch Tracking BOM (Bill of Materials) Backorder
C
Configurable BOM (CBOM) Critical Stock Changelog Capacity Planning Consumption of Goods Cost Prices CRM (Customer Relationship Management) Cloud-based WMS
D
Distribution Center Dropshipping Demand Planning Delivery Time
E
Engineering BOM (EBOM) Ergonomic Tools Expiration Date Expiry Date Monitoring Export ERP – Enterprise Resource Planning E-commerce Fulfillment
F
FMCG (Fast Moving Consumer Goods) Freight Management Forklift Financial Inventory Value FIFO – First-in, First-out Financial Management
G
Global Supply Chain Goods Security Goods Account Card (Product ledger) Goods Receipt
H
Handheld Scanner Handling Time Holding Inventory
I
Internal Logistics Item with Inventory Deduction Item Without Inventory Deduction Inventory Adjustment Inventory Replenishment Integrations for an Inventory System Inventory Turnover Inventory Value Inventory Principle: Average Cost Price Inventory Management Integrated Inventory Management Inventory Counting Import Inventory Count Accuracy Item Consumption
J
JIT – Just-In-Time
K
Kanban Inventory Management Key Supplier KPI – Key Performance Indicators
L
Lean Principle 5S Lean Inventory Management Location Management Lead Time Logistics
M
Manufacturing BOM (MBOM) Managing VAT Zones Monthly Inventory Turnover Rate Minimum Inventory Level Materials Handling Main Warehouse
N
Net Stock
O
Opening Inventory Omnichannel Order Preparation Overcapacity Overstocking Order Management Outsourcing Open API
P
POS (Point of Sales) Product Management Product Administration Picking Lists Packing Slip PIM – Product Information Management Performance Put-away Purchase Price Pick and Pack Packing Product Categories Partial Billing
Q
QR-kode Quality Control
R
Retail RFID Tags Reporting Replenishment Resource Management
S
Service BOM (SBOM) Shelf Space Sustainable Logistics Serial Numbers Stock Transfer Surplus Inventory Supply Chain Management Supply Chain Scalability Sub-location
T
Task Management Turnover Rate Third-Party Logistics Provider (3PL) Temperature Control Throughput Tied-Up Capital Traceability Transaction Report
U
Understocking Upper Inventory Limit Utilization Rate in Inventory
V
Value-Based Inventory Management Vendor-Managed Inventory (VMI)
W
Warehouse Capacity Utilization Warehouse Automation Warehouse Hotel Wave Picking Warehouse Space Wilson’s Formula Warehouse Management System – WMS Waste
X
XML (eXtensible Markup Language)
Y
Year-End Inventory
Z
Zone-based Picking Zone Picking