Inventory process

10.07.2013 09:38

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Inventory process

1) Any business process that involves inventory. Includes the receiving of parts, putting them away, and their storage, withdrawal, issue and movement through work in process, while simultaneously tracking their movement and maintaining records of those events and their effects. (Source: ILT Supply-Chain Inventory Management SIG)

Source: David Lowe. The Dictionary of Transport and Logistics. Kogan Page, 2002. – P.129 (288 p.)


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