Warehouse and inventory management reference

A unique internal code used to identify an item.

A warehouse management system that directs and records locations and movements.

Enterprise software connecting inventory with purchasing, finance and sales.

First in, first out: the oldest receipt is issued first when appropriate.

First expired, first out: the earliest expiry is issued first.

A goods receipt note recording the quantity actually accepted.

A planned count of selected inventory based on risk.

Moving accepted stock to a storage location and confirming it.

Collecting allocated items from their storage locations.

A status or area that prevents use until an authorised decision.

Time from initiating supply until stock becomes available.

Calculated buffer stock protecting against uncertainty.

The inventory position that triggers replenishment.

The share of orders delivered on time and in full.

Classification used to focus control by value or importance.

A unique GS1 identifier for a logistics unit.

A report documenting a nonconformity and its disposition.

Time from arrival at the dock until accepted stock is available.

Assigning locations based on velocity, dimensions and constraints.

An external provider performing logistics services for another party.