Skip to main content

Stock or inventory concepts theoretical and practical implications definition

all about Stock or Inventory concepts
In this article, I will give the idea behind the Stock concept, so the peeling will be like the following:
Before going deeply, note that in this article we refer only to physical or virtual stock (inventories) as our studies are related to Logistics sciences in first place.
  • What is the most complete Definition for stock or inventory?
  • What is the deference and the relationship between stock and inventory?
  • Some history of the stock or inventory nomination.
  • What are the close familiar concepts called stock?
  • What are the most frequent stock categories?
Each answer you got is not 100 % the ultimate one as, in logistics, concepts are subjectively seen but you may be add your own background to the information you find here and then you got the right conclusions, let's start:  
How can we define stock?
A set, whole, an ensemble, a series, a collection of goods, Items, articles or objects putted in a specific place called, generally, warehouse, in way to be available for consumption or transformation by time.
Close familiar concepts called stock
Close familiar concept called stock are most of those close concepts are coming especially from the financial market dedicated essentially to the investment studies, but still have connections to logistics, we talk here about:
The stock market
The stock exchange
How stock has got this nomination?
A brief explanation on how stock got this name, and what gave it the value it has.
What is the deference and the relationship between stock and inventory?
Stock and inventory have different meaning but a strong relationship, simply is like the following: the stock refer to all stock categories including inventories but inventory refer basically to good that are planned to transformation or consumption while stock glob also the finish goods and all what is dedicated to selling 
What are the different types of stock?
Let’s refer here to the main stock categories and a short definition of each one, but this will be general as a logistics categories definition depends to the type, size, market, categories of the organization you are talking about.  In a specific organization, we need to understand that the part component might take the whole below nominations successively, in other word; each category refer to a specific phase during the life cycle of an article
  • Stock minim,
  • Stock maximum,
  • Stock alert,
  • Safety stock,
  • Final stock,
  • Dynamic stock,
  • Unrestricted-use stock,
  • Scrapped stock,
  • Blocked stock,
  • Blocked Stock in reception waiting for confirmation, quality checking and storage,
  • Blocked stock between warehouse and other location,
  • Blocked stock between locations,
  • Blocked stock between locations and expedition warehouse,
  • Blocked stock awaiting for collection procedure
  • Stock in transit
The article is updatable, please come across again !


Popular posts from this blog

Careers in Logistics sector-How to build a solid one in short time

Career in Logistic sector This article is dedicated to the most active job hunters, and between lines, you will get a clear answer on:   How to grow your chances in logistics sectors? Well, this is not easy to do and more than that, knowing that logistics sector needs are specials and very different to the others sectors, well, Don’t worry, I have a good news for you:  by the end you will get all what you need, let’s start;   As in all other job sectors, logistics has a big part in job hunters eyes, one of the main reason behind will be the huge activities and the different actors needed to make it up. So, if you really are interested to grow your chances in logistics sectors then you might be asking yourself the following:

Logistics FAQ-Frequently asked questions in logistics.

Frequently asked questions in logistics.
In this article, i will summarize and give the best  suitable answers to the most FAQ related to logistics: this may concerns:definitions, guidelines, politics, strategies, techniques, methods and and different other subjects.
Before looking for answers, let's see how a question rise in logistics regardless the beginning circumstances.
The same question can involve logistics Concepts, but this has been already explained-check our this articles- Most frequently calledexpressions in logistics sectors:
This is basically a theoretical backup that, as a professional in logistics sector, you should know.
First, keep in mind that people are judging you based on your knowledge’s but as they might not have enough time to make tests for you then all what they need is to hear you talking logistics; then you get to options: you can choose to talk normally and leave chance to decide on people how they will see you or you may choose to indirectly prove …

What strength means in Logistics and How to can get it - Study case concerns supply chain logistics analyst-

As we all know, each position has a list of specifications that every position-holder should have, well , for logistics the situation is particular and the requirements are quite differents and hard to be understood! yes this is real, the reason behind will be the definition of logistics since each company has her unique conception. In this post, I will try to clarify the subject, and provide the most performance terms that are the most expected from every supply analyst;  but before, please note that the below list are concerning only personalities and managerial proficiency.

Most frequently called expressions in logistics sectors:

Most frequently called expressions in logistics sectors: In this article I am collecting the most called concept and expressions in logistics and also a short explanation for each one. This will helpful for both beginners and professional as for the first one the purpose will be introducing what they will face in this sector while for professional the goals is standardizing definitions for better usefulness. This post is updatable regularly so please revisit it again from time to time and you will get almost all what have been produced as expressions, actions and concept in logistics words up to present.