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Stock+ · Supply rhythm

Stock+ Glossary

Inventory, warehousing, and fulfillment

Terms for on-hand balances, valuation, and traceability as Stock+ keeps Finance+ journals aligned.

37 terms match your filters

3

3

3PL / 4PL

Foundations

Third-party logistics operators managing warehouses vs fourth-party orchestrators.

A

A

Allocation / Reservation

Fulfillment

Soft or hard holds against on-hand for orders, projects, or service fleets.

Available-to-Promise

Stock+ usage

Quantity you can commit on new orders given current supply and reservations.

B

B

Bin / Location

Fulfillment

Sub-zone addressing (aisle-bin-shelf) speeding pick paths and audits.

BOM (Bill of Materials)

Fulfillment

Structured list of components required to build or assemble a parent item.

C

C

Consignment Stock

Traceability

Inventory physically at customer sites but financially owned until consumption.

Cross-Dock

Fulfillment

Flow-through handling with minimal putaway—common in high-velocity DCs.

Cycle Count

Fulfillment

Periodic partial counts verifying accuracy without full wall-to-wall audits.

D

D

Demand Forecast

Planning

Projected sales or production drivers feeding replenishment and S&OP.

F

F

FIFO / LIFO / WAC

Foundations

First-in-first-out, last-in-first-out, and weighted-average cost methods for COGS.

G

G

GS1 / Barcode

Data standards

Standards for GTINs and barcode symbologies speeding retail and healthcare scans.

K

K

Kitting / Assembly

Fulfillment

Combining components into sellable kits with labor and overhead absorption.

L

L

Landed Cost

Planning

True cost including freight, duties, and handling allocated to receipts.

Lead Time

Fulfillment

Delay between placing and receiving replenishment—including transit and QC.

Lot Traceability

Traceability

Tracking batches forward to customers and backward to suppliers for recalls.

M

M

Min-Max Planning

Planning

Simple min/max thresholds when demand is steady and inexpensive to compute.

MOQ / EOQ

Planning

Minimum order quantity vs economic order quantity models balancing holding vs ordering costs.

MRP / MPS

Fulfillment

Material requirements planning aligning components to master production schedules.

Multi-Warehouse

Stock+ usage

Network of sites with transfers, sourcing rules, and available-to-promise per location.

O

O

Obsolescence Reserve

Planning

Financial provision for slow-moving or end-of-life inventory.

P

P

Phantom BOM

Data standards

Manufacturing-only subassembly exploded during MRP but not stocked separately.

Pick, Pack & Ship

Fulfillment

Warehouse process to select items, consolidate cartons, and manifest shipments.

Q

Q

Quarantine / Hold

Traceability

Status blocking usage until inspection releases or fails product.

R

R

Reorder Point

Planning

Inventory level triggering replenishment when lead-time demand is covered.

Replenishment Rule

Planning

Policy dictating min/max levels, EOQ, or demand-driven pull signals.

Reverse Logistics

Fulfillment

Returns, refurb, and recycling flows affecting inventory quality buckets.

S

S

Safety Stock

Planning

Buffer inventory protecting against demand or supply variability.

Serial Number Tracking

Traceability

Unique unit IDs for warranty, leasing, or regulated assets.

Shrinkage

Planning

Loss from damage, theft, or miscounts between book and physical stock.

SKU (Stock Keeping Unit)

Foundations

Unique identifier for a salable or trackable item configuration.

SLOB (Slow & Obsolete)

Planning

Reporting band for inventory requiring markdowns or write-offs.

Slow Mover

Planning

Items with low turns flagged for promotions or discontinuation.

Stockout

Planning

Zero on-hand before demand is satisfied—lost sales or downtime risk.

T

T

Transfer Order

Fulfillment

Inter-site movement with in-transit ledgers until receipt posts.

U

U

Unit of Measure

Foundations

Each, case, pallet conversions ensuring purchases and picks stay consistent.

V

V

Vendor Managed Inventory

Partners

Supplier monitors customer stock levels and triggers replenishment.

W

W

Wave Picking

Fulfillment

Batching picks by carrier cutoff or zone to optimize labor.

Related resources

Layer this glossary on the Stock+ guide and finance postings.

Stock+ module guide

Warehouses, workflows, and integrations.

·

Stock+ product page

Capability overview.

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Knowledge base home

All modules and playbooks.

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