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Working stock

08.08.2013 07:59

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Working stock

1) The stock of materials, components and subassemblies (excluding safety stock) held in advance of demand so that ordering can be done on a lot size rather than on an as-needed basis.

In other words, the normal stocks formed by products arriving in large regular orders to meet smaller, more frequent customer demand. Also known as cycle stock or lot size stock. (Source: ILT Supply-Chain Inventory Management SIG)

Source: David Lowe. The Dictionary of Transport and Logistics. Kogan Page, 2002. – P.277 (288 p.)


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