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Longman Dictionary of Contemporary English
inventory
noun
COLLOCATIONS FROM CORPUS
■ ADJECTIVE
average
▪ Its cost price per widget is $ 2, and inventory carrying costs are 20 percent of average inventory level.
▪ If a firm carries high levels of average inventory, the cost of carrying this inventory is high.
▪ In contrast to carrying costs, ordering costs decrease with increases in average inventory level.
▪ This minimum point determines the optimal average inventory.
complete
▪ The computer methodology for probate inventories has been further developed so that it can now handle large numbers of complete inventories.
▪ Firstly, and most importantly, it will eventually form a complete inventory of the collections.
excess
▪ Dumping of excess inventory by some manufacturers has exacerbated the problem.
▪ Chrysler cited excess inventories, which reflect sluggish sales.
▪ The charge will cover various costs from the merger, including excess inventory and severance costs.
large
▪ That means you can sift large inventories in seconds.
■ NOUN
control
▪ Look carefully at the inventory control system.
▪ Advantages of computerization to the supermarket operator include reduced labor costs, fewer pricing errors, and better inventory control.
▪ Models were rationalized, a kanban system of inventory control was introduced and within five years a leaner and fitter Mazda emerged.
▪ The two basic questions of inventory control are: a. How much to order to replenish stocks? b. When to order?
▪ That same database system can be used for other things, such as contact managers or inventory control.
level
▪ The best performance might relate to daily production goals, sales targets or inventory levels.
▪ Its cost price per widget is $ 2, and inventory carrying costs are 20 percent of average inventory level.
▪ The cross-over period between customers also resulted in a significant build up of inventory levels.
▪ In contrast to carrying costs, ordering costs decrease with increases in average inventory level.
▪ They tend to rely on a rapid turnover of stock, to keep down inventory levels.
▪ The inventory management solution should enable the reduction of inventory levels, improve inventory turns, and eliminate out-of-stock occurrences.
management
▪ It's an enabling technology for concepts like zero-defects and just-in-time inventory management.
▪ Supply Chain Management Until recently, these inventory management strategies were implemented through very expensive computer systems and private networks.
▪ One often-targeted business process is inventory management.
▪ The inventory management solution should enable the reduction of inventory levels, improve inventory turns, and eliminate out-of-stock occurrences.
probate
▪ So too can wills and probate inventories.
▪ The computer methodology for probate inventories has been further developed so that it can now handle large numbers of complete inventories.
▪ The investigation explores the possibility of using probate inventories to cast light on this and related questions.
■ VERB
account
▪ Here one finds a listing of assets such as marketable securities, accounts receivable, and inventories.
▪ The four major categories of cur-rent assets held by most firms are cash, marketable securities, accounts receivable, and inventory.
▪ The method the firm employs to account for its inventory investment can have an important impact on its reported income.
▪ Marketable securities, accounts receivable, and inventories are continually being converted into cash in the normal course of business.
end
▪ Note that required ending inventory and purchases peak in September, while cash payments on purchases peak in October.
include
▪ Now the line has moved up to include inventories.
▪ The charge will cover various costs from the merger, including excess inventory and severance costs.
▪ It is based on the behaviour of several indicators, including inventories and consumer confidence, ahead of previous recessions.
keep
▪ They tend to rely on a rapid turnover of stock, to keep down inventory levels.
▪ We used to have to keep 30 days' inventory in our warehouse.
▪ By keeping inventories down, direct sellers can immediately pass on the savings when component prices fall.
maintain
▪ This will analyse network performance, maintain equipment inventories, and log software use within the system.
▪ The cost to a firm of maintaining inventory has two major components: carrying costs and ordering costs.
reduce
▪ They also tell the production department about demand for existing products: this helps Keyence to regulate its output and reduce inventories.
take
▪ Mr. Mendez would see Delgado about closing his station and take an inventory of company property.
▪ Seasonally or semiannually: Take inventory of items in closets and drawers that are no longer useful.
▪ It turned out I was the one to take the inventory.
▪ To prepare for that meeting, the organization suggests that you: Take an inventory of your skills.
▪ Time to take inventory of your finances and fantasies.
use
▪ The investigation explores the possibility of using probate inventories to cast light on this and related questions.
▪ The alliance will use the two-week inventory to award grants to local groups for making improvements.
▪ The three other inventory accounting methods are commonly used when a periodic inventory accounting is employed.
EXAMPLES FROM OTHER ENTRIES
▪ Our store has the largest inventory in the mattress business.
▪ She made an inventory of everything in the apartment.
▪ Some of the things in the shop were not listed in the inventory.
▪ The company keeps a full inventory of its equipment.
The Collaborative International Dictionary
Inventory

Inventory \In"ven*to*ry\, n.; pl. Inventories. [L. inventarium: cf. LL. inventorium, F. inventaire, OF. also inventoire. See Invent.]

  1. An account, catalogue, or schedule, made by an executor or administrator, of all the goods and chattels, and sometimes of the real estate, of a deceased person; a list of the property of which a person or estate is found to be possessed; hence, an itemized list of goods or valuables, with their estimated worth. Hence: Any listing, as in a catalogue, of objects or resources on hand and available for use or for sale. Specifically, the annual account listing the stock on hand, taken in any business.

    There take an inventory of all I have.
    --Shak.

  2. The objects contained on an inventory[1]; especially: the stock of items on hand in any business, either for sale and not yet sold, or kept as raw materials to be converted into finished products.

  3. The total value of all goods in an inventory[2].

  4. The act of making an inventory[1].

    Syn: List; register; schedule; catalogue. See List.

Inventory

Inventory \In"ven*to*ry\, v. t. [imp. & p. p. Inventoried; p. pr. & vb. n. Inventorying.] [Cf. F. inventorier.] To make an inventory of; to make a list, catalogue, or schedule of; to insert or register in an account of goods; as, a merchant inventories his stock.

I will give out divers schedules of my beauty; it shall be inventoried, and every particle and utensil labeled.
--Shak.

Douglas Harper's Etymology Dictionary
inventory

early 15c., from Old French inventoire "inventory, detailed list of goods, catalogue," from Medieval Latin inventorium (Late Latin inventarium) "list of what is found," from Latin inventus, past participle of invenire "to find" (see invention). The verb is first recorded c.1600, from the noun.

Wiktionary
inventory

n. 1 (context operations English) The stock of an item on hand at a particular location or business 2 (context operations English) a detailed list of all of the items on hand 3 (context operations English) the process of producing or updating such a list 4 (lb en role-playing games) A space containing the (l/en item items) available to a character for immediate use. vb. (context transitive operations English) To take stock of the resources or items on hand; to produce an inventory.

WordNet
inventory
  1. n. a detailed list of all the items in stock [syn: stock list]

  2. the merchandise that a shop has on hand; "they carried a vast inventory of hardware" [syn: stock]

  3. (accounting) the value of a firm's current assets including raw materials and work in progress and finished goods

  4. a collection of resources; "he dipped into his intellectual armory to find an answer" [syn: armory, armoury]

  5. making an itemized list of merchandise or supplies on hand; "the inventory took two days" [syn: inventorying, stocktaking]

  6. v. make or include in an itemized record or report; "Inventory all books before the end of the year"

Wikipedia
Inventory

Inventory or stock refers to the goods and materials that a business holds for the ultimate purpose of resale (or repair).

Inventory management is a science primarily about specifying the shape and placement of stocked goods. It is required at different locations within a facility or within many locations of a supply network to precede the regular and planned course of production and stock of materials.

The scope of inventory management concerns the fine lines between replenishment lead time, carrying costs of inventory, asset management, inventory forecasting, inventory valuation, inventory visibility, future inventory price forecasting, physical inventory, available physical space for inventory, quality management, replenishment, returns and defective goods, and demand forecasting. Balancing these competing requirements leads to optimal inventory levels, which is an ongoing process as the business needs shift and react to the wider environment.

Inventory management involves a retailer seeking to acquire and maintain a proper merchandise assortment while ordering, shipping, handling, and related costs are kept in check. It also involves systems and processes that identify inventory requirements, set targets, provide replenishment techniques, report actual and projected inventory status and handle all functions related to the tracking and management of material. This would include the monitoring of material moved into and out of stockroom locations and the reconciling of the inventory balances. It also may include ABC analysis, lot tracking, cycle counting support, etc. Management of the inventories, with the primary objective of determining/controlling stock levels within the physical distribution system, functions to balance the need for product availability against the need for minimizing stock holding and handling costs.

Inventory (film)

Inventory is a 1989 Polish drama film directed by Krzysztof Zanussi. It was entered into the 16th Moscow International Film Festival.

Inventory (artists)

Inventory are a collective of British artists, writers and art theorists, founded in 1996.

Some of their pieces see them engage in performance art in public spaces.

Coagulum (Oxford Street) in 2000, saw them form into a close group on London's Oxford Street, thus disrupting the flow of pedestrians, before entering a shopping centre and dancing to the piped music. For another piece, they played football on The Mall with a rubber skull, using Buckingham Palace and Admiralty Arch as goals.

Other pieces, such as the installation Requiem For The Empty Quarter at the The approach gallery, Bethnal Green in 2002, used modified and written-upon objects found on the street.

In 2003, Inventory were nominated for the Beck's Futures prize.

Inventory (disambiguation)

Inventory is a list of goods and materials held available in stock by a business.

Inventory may also refer to:

  • Moral inventory, self-examination by a member of a twelve-step program
  • Computer systems use inventories internally:
    • Computer hardware inventories, lists of available components
    • Software inventories, available code, not necessarily used
    • Data inventories, resembling repositories
  • Inventory, item storage available to a character in a video game
  • Naval Vessel Register (NVR), the official inventory of ships and service craft in custody of or titled by the U.S. Navy
  • Inventory (artists), a group of British artists
  • Inventory in music
  • Inventory (film), a 1989 Polish drama film directed by Krzysztof Zanussi
  • Advertising inventory, space available for showing advertising
Inventory (museum)

An inventory is an itemized list of objects that the museum has accessioned or received via loan(s) and must be physically located by an examiner. A complete, one-hundred percent inventory, or a random inventory of the collection must be carried out periodically to ensure the museum is operating under best practices and for security purposes. The museum is legally responsible and ethically obligated for the maintenance of up-to-date information detailing the location of all objects within the collection, including loaned items and objects that have yet to be accessioned; this is stipulated by many museum associations, including the American Association of Museums.

Inventory (library)

Inventories are the one method that libraries use to determine whether some items in their collection are in need of preservation or conservation activities. A modern inventory might involve examining item by item with a barcode scanner and a laptop, with the objective of adjusting bibliographic and item records in theirs and OCLC's WorldCat databases.

Libraries have thousands of books; large academic libraries may have millions of books;. Doing an annual (or less frequent) physical inventory with the laying on of hands on each individual item may not be practical for several reasons. It may not be financially feasible, employees required may not have extra time to devote to such an inventory, and there are no financial rewards for the Library for completing an inventory. Problems that are discovered (books in need of repurchase, rebinding, repair, or digitization) may require solutions that are expensive and labor-intensive. Because of these restraints, inventories may not take place for decades, if ever, at large academic institutions. By contrast, complete inventories are often a regular part of the school library media specialist's job at K-12 institutions, where inventory may be a legal requirement that shows that the libraries are accountable for the money they have spent throughout the year. Checking for lost books and materials can be similarly compared to auditing.

Usage examples of "inventory".

As in the inventories of the thirty towns I find no mention either of stockings or of shoes for Indians, with the exception of the low shoes and buckles worn by the Alferez Real, it seems the gorgeous costumes ended at the knee, and that these popinjays rode barefoot, with, perhaps, large iron Gaucho spurs fastened by strips of mare-hide round their ankles, and hanging down below their naked feet.

And Bigfoot nailed it on the first guess by the simple expedient of checking the inventory.

If even a fourth of them canceled, she was going to suffer from excess inventory, an unnecessarily large staff, and decreased income.

But Capers was unflappable and controlled and seemed interested in taking a careful inventory of all my antiques and paintings.

William was over by the rather sparse pile of loot that had been accumulating over the last hour, rummaging through it with Armand du Gaz who, as one of the few knights who could both read and write, was trying to inventory the meager haul.

Beq stood, and de Beq glanced only briefly at the inventory William handed to him, before beckoning to Hano von Linka, whose wounds were slight.

He had passed most of the previous day reading over all the inventories and similar documents which had been presented to the funda by the French Hospitaler, Sier Valence Rainaut.

Linton had been out-when Jessica returned to Montpelier Square and she had spent an hour lying quietly on her bed conducting a private and unpleasant inventory.

He would be checking his inventory, Trouble knew, the legal and illegal storage spaces he had scattered in the house and across the nets, along the virtual chain that made up his network presence.

So for all the major odyssean adventures there is a this-worldly incident as underpinning, taken from the inventory of reports likely to be given by ordinary, unimaginative merchant-pirates of the Mediterranean sea.

Government of Planet Pluto hereby levies an inventory tax on all materials and products arriving in Plutonian territories from the UIPS.

The Slingshot Logistics Depot, which occupies space within Plutonian jurisdiction, and all UIPS cargo transports entering Plutonian space, are subject to this inventory tax.

The information we develop from this one-time inventory will be used to compute UIPS taxes while the depot and transports are in Plutonian jurisdiction.

When we establish our own warranties, personalized products, image, customer service policies and personahties, we are on our way to establishing proprietary inventory.

The gorgeous inhabitants of Dom-Bradden-petaled, tasseled, tufted, and fluttering with hundreds of tendrils and shoots--were bent over the circuit tracers and inventory processors, tapping the responseless keyboards and gazing into the blank screens with the intensity of Imperial guards on a mission from Palpatine himself.