Inventory Management

The person who is responsible for purchasing the merchandise for a store

• Buyer

• Inventory Control

• Stock Turnover

• Vendor

The amount of money available to a buyer for purchasing items for a store.

• Buyer

• Just-in-time Inventory Control System

• Open-to-buy

• Physical Inventory System

A business from which merchandise is purchased

• Stock Turnover

• Vendor

• Stock

• Physical Inventory System

The amount of goods a business has, including goods in the backroom and on the sales floor.

• Inventory

• Invoice

• Stock Turnover

• Vendor

Another term for inventory

• Physical Inventory System

• Inventory Control

• Stock

• Stock Turnover

The vendor's bill for stock purchased.

• Physical Inventory System

• Invoice

• Just-in-time Inventory Control System

• Vendor

The management of the merchandise a store has for sale.

• Inventory Control

• Just-in-time Inventory Control System

• Open-to-buy

• Physical Inventory System

A usually computerized method of inventory control that involves linking a store to its suppliers through a computer system that purchases new inventory automatically as sales are made.

• Just-in-time Inventory Control System

• Inventory Control

• Stock

• Perpetual Inventory System

An inventory system that makes use of periodic counts of stock to ascertain stock levels.

• Inventory Control

• Perpetual Inventory System

• Inventory

• Physical Inventory System

Inventory system that maintains a continual record of inventory purchased and sold

• Vendor

• Just-in-time Inventory Control System

• Perpetual Inventory System

• Open-to-buy