Answer / pravin

It is unused resources of any org. due to whic capital
blockage has done.
inventory is 3 types.
1.raw mat inv.
2.finish goods inv.
3.WIP inv.

Answer / v.ramachandran

In The broder sence of business administration an Inventory
is any thing that an enterprise hold which bears an
economic value.As far as an erp is concerned Inventory
denotes Materials and hense all stock(All material types)
are considered as Inventory.

Answer / gopid123

Inventory is nothing but. its exsiting stock.
wheather its raw mtrl sfg or fg

Answer / anupkumar

inventory is total valuable stock for a plant,or factory
lying at diff. storage locations.
it shows the total stock & total value of material.

Answer / sumit

Inventory is some quantity of stock of materials (raw
material, sem-finished material, finished goods)which any
person or industry keeps to full-fill it future demand in
terms of procurement, production, sale etc.

Answer / prasanna

I agree with all the other answers, would like to add its
not alone measured in quantity but also in value.

Answer / sachin bhagwat

inentory is the total stock available for production to
make company output and customer satisfaction.

Answer / vinay bhaurao pawar

Inventory is a list for goods and materials, or those goods
and materials themselves, held available in stock by a
business requirement. It is also used for a list of the
contents of a household and for a list for testamentary
purposes of the possessions of someone who has died. In
accounting inventory is considered an asset.

In business management, inventory consists of a list of
goods and materials held available in stock.

Answer / nanduri k. prasad

Inventory means collectively the list of material documents
which facilitates us know the status of each material used
in the plant.

In otherword it is the valuated stock of the materials in
the plant.

Answer / yogesh

Inventory is the total valuated stock available for
operation or other activities held in primices or at vendor

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