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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
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
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
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
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
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
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
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 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