What are the terms used in inventory?

Inventory Terms

  • Stock Take Policies (Annual and Cycle)
  • Maintaining a Perpetual Inventory System (ERP)
  • Purchasing Procedures/Triggers (e.g. Kanban)
  • Stock-Out Management.
  • Dead Stock Management.
  • Age Management.
  • Inventory Stocking Policies and Controls.

What does MOS stand for in purchasing?

Materials Management The management function of an organization that may include all or a portion of the responsibility for purchasing, inventory control, traffic, shipping, receiving, and warehousing. Mean The arithmetic average.

What does AOR stand for in procurement?

APR: Agency Procurement Request. AOR: After Order Receipt.

What is the abbreviation of procurement?

Abbreviation for Procurement:

9 PROC Procurement + 1
1 P ROC roc Procurement Technology, Space, Exploration
5 procure. Procurement
1 PRO Procurement American Red Cross

What is inventory management terms?

Inventory management refers to the process of ordering, storing, using, and selling a company’s inventory. This includes the management of raw materials, components, and finished products, as well as warehousing and processing of such items.

What does PUOM stand for?


Acronym Definition
POUM Partido Obrero e Unificacion Marxista (Party of Marxist Unification, literally Worker’s Party of Marxist Unification)
POUM Prospect of Upward Mobility (redistribution; economics)

What is MOS short for?

Military occupation specialty code, used by the U.S. military to identify a specific job.

What is EOR and AOR?

Related Definitions AOR/EOR means Architect of Record or Engineer of Record that the CMAR CONTRACTOR will help select for each of the CMAR Projects.

What does AOR stand for in shipping?

AOR. Area of Responsibilities + 1. Transportation, Area, Responsibility. Transportation, Area, Responsibility.

What does Cs stand for in shipping?

CS. Courier Service. Courier, Shipping, Parcel.

What is Q * EOQ?

The economic order quantity (EOQ) refers to the ideal order quantity a company should purchase in order to minimize its inventory costs, such as holding costs, shortage costs, and order costs.

What is the ROP how is it determined?

The reorder point (ROP) is the minimum inventory or stock level for a specific product that triggers the reordering of more inventory when reached. When calculating the reorder points for different SKUs, the lead time it will take to replenish inventory is factored in to ensure inventory levels don’t reach zero.

What does RSD stand for in supply chain?

Reporting of Supply Discrepancy (US DoD) RSD.

What does RMS stand for in logistics?

Royal Mail Ship (sometimes Steam-ship or Steamer), usually seen in its abbreviated form RMS, is the ship prefix used for seagoing vessels that carry mail under contract to the British Royal Mail.

Is Deel a PEO or EOR?

Deel, for example, has local entities across the US and in over 150 other countries. With Deel as your EOR, you don’t have to set up a branch office in a new state or country to hire a resident there.

What is CVN stand for?

A three-digit security number that usually appears on the back of your credit or debit card.

What is AOR short for?


Acronym Definition
AOR Acknowledgement of Receipt
AOR Association of Realtors
AOR Agency Of Record
AOR Authorized Organizational Representative

What does Cs stand for in quantity?

CS. 1 CS = 24 EA. canned tomatoes. Quantity. case.

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