Materials Management – Materials Inventory Management

Materials Management – Materials Inventory Management
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English-Russian IT glossary. 2014.

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  • Inventory — means a list compiled for some formal purpose, such as the details of an estate going to probate, or the contents of a house let furnished. This remains the prime meaning in British English.[1] In the USA and Canada the term has developed from a… …   Wikipedia

  • Materials management — can deal with campus planning and building design for the movement of materials, or with logistics that deal with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality… …   Wikipedia

  • inventory control — ➔ control1 * * * inventory control UK US noun [U] (also inventory management, also stock control) ► COMMERCE, PRODUCTION the process of making sure that the right amount of goods, parts, and materials are available for sale: »The …   Financial and business terms

  • Management — in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises planning, organizing, staffing, leading or… …   Wikipedia

  • Inventory turnover — The Inventory Turnover is an equation that equals the cost of goods sold divided by the average inventory. Average inventory equals beginning inventory plus ending inventory divided by 2. Inventory Turnover EquationThe formula for inventory… …   Wikipedia

  • Inventory Management — The overseeing and controlling of the ordering, storage and use of components that a company will use in the production of the items it will sell as well as the overseeing and controlling of quantities of finished products for sale. A business s… …   Investment dictionary

  • Management accounting — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …   Wikipedia

  • Inventory — The raw materials, work in process goods and completely finished goods that are considered to be the portion of a business s assets that are ready or will be ready for sale. Inventory represents one of the most important assets that most… …   Investment dictionary

  • inventory control — noun supervision of the supply and storage and accessibility of items in order to insure an adequate supply without excessive oversupply • Hypernyms: ↑internal control * * * noun : coordination and supervision of the supply, storage, distribution …   Useful english dictionary

  • Supply chain management — (SCM) is the process of planning, implementing and controlling the operations of the supply chain as efficiently as possible. Supply Chain Management spans all movement and storage of raw materials, work in process inventory, and finished goods… …   Wikipedia

  • production management — or operations management Planning, implementation, and control of industrial production processes to ensure smooth and efficient operation. Production management techniques are used in both manufacturing and service industries. Production… …   Universalium


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