(redirected from Inventory management)
Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia, Wikipedia.
Related to Inventory management: inventory control


An itemized list of property that contains a description of each specific article.

Inventory of a company, for example, is the annual account of stock taken in the business, or the quantity of goods or materials in stock. The term is also used to describe a list made by the executor or administrator of the estate of a deceased individual.


noun catalogue, checklist, contents, enumeration, index, itemization, itemized list, list, list ofproperties, manifest, merchandise list, record, register, schedule of articles, stock book, stock list, stock sheet, tally sheet
Associated concepts: inventory of assets
See also: check, depository, enumerate, index, inspection, invoice, itemize, relate, roll, schedule, stock, store, tabulate

INVENTORY. A list, schedule, or enumeration in writing, containing, article by article, the goods and chattels, rights and credits, and, in some cases, the lands and tenements, of a person or persons. In its most common acceptation, an inventory is a conservatory act, which is made to ascertain the situation of an intestate's estate, the estate of an insolvent, and the like, for the purpose of securing it to those entitled to it.
     2. When the inventory is made of goods and estates assigned or conveyed in trust, it must include all the property conveyed.
     3. In case of intestate estates, it is required to contain only the personal property, or that to which the administrator is entitled. The claims due to the estate ought to be separated; those which are desperate or had ought to be so returned. The articles ought to be set down separately, as already mentioned, and separately valued.
     4. The inventory is to be made in the presence of at least two of the creditors of the deceased, or legatees or next of kin, and, in their default and absence, of two honest persons. The appraisers must sign it, and make oath or affirmation that the appraisement is just to the best of their knowledge. Vide, generally, 14 Vin. Ab. 465; Bac. Ab. Executors, &c., E 11; 4 Com. Dig. 14; Ayliffe's Pand. 414; Ayliffe's Parerg. 305; Com. Dig. Administration, B 7; 3 Burr. 1922; 2 Addams' Rep. 319; S. C. 2 Eccles. R. 322; Lovel. on Wills; 38; 2 Bl. Com. 514; 8 Serg. & Rawle, 128; Godolph. 150, and the article Benefit of Inventory.

References in periodicals archive ?
With the Cloud Global Inventory Management solution companies can benefit from a more effective streamlined inventory management process very quickly and easily with no great investment," Stefan Karlsson, Head of Cloud Solutions at Syncron.
Key features of an outstanding chemical inventory management system are:
The report by TechNavio Insights forecasts the size of the Global Inventory Management Software market in retail sector 2008-2012.
The Inventory Management System was designed so that non-technical hospital staff could focus on the performance of medical procedures rather than inventory or computer management.
With the Inventory Management for Stores system, IBM provides users with a complete software backbone for maximizing store and item information for improved operational efficiency," said Raymond R.
To support ASC's multi-vendor supply ordering and inventory management needs, SurgiSource's inventory module now accommodates supply vendor numbers up to 10 characters.
The TFC inventory management system will provide Purple Wine with an unmatched degree of flexibility, 24/7 real-time access and accountability for shipment and delivery.
Nexiant, a leading provider of inventory management solutions for the industrial market, today announced that one of the Big 4 international accountancy and professional services firms has selected Nexiant's Smart Inventory Manager and Nexiant Select point-of-use (POU) dispensing technology to improve office supply management.
Nexiant Adds Another Fortune 500 Company to its Growing List of MRO Inventory Management Customers --
Rainier has committed to a mission that calls for a strategically-focused expansion of partnerships with new and existing customers through our distribution, inventory management programs and other value-added services" says Garth Luke, President of Rainier Surgical Inc.
Company Evolves From Single-Solution to Full-Service Provider of Inventory Management Solutions that Drive MRO Excellence --
OnviCenter Product Portfolio Integrates the Newly Acquired Technologies to Deliver Sought-After Order Processing and Fulfillment, Inventory Management and Transaction Payment Processing Applications

Full browser ?