Stock-on-hand that has been set aside and is not available for sale or issue.

The amount of stock, in time, to be purchased when a recommended order is triggered. The unit quantity is calculated by looking forward, at the end of the lead time period from today, the replenishment cycle period over future demand (Forecasts + BOM demand + Central Warehouse demand)

The cost price of the item used to valuate the inventory.

The quantity associated with a firm sales/customer order where the expected delivery date has passed today's date.

The list of all raw material items along with their quantity needed to make a finished good item.

The structure where branches or locations are supplied by a centralised location instead of external vendors. The centralised location is however supplied by external vendors.

The categorization of item codes into volume and value based groupings (HML & ABC) depending on their contribution to total sales/forecasts.

The 3x3 square of blocks where the rows represent value based sales/forecast movement, and the columns represent volume based sales/forecast movement. Each block represents a number of stocked product codes that indicate their importance to the business based on their sales/forecast movement.

The average monthly value of sales, at cost price, over the last 12 months.

The period of time defined as Lead Time + Safety Stock + Replenishment Cycle. Also defined as the Order-up-to quantity.