inventory
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British pronunciation
/ˈɪnvəntɹˌi/

Definition & Meaning of "inventory"

Inventory
01

a detailed list or record of all the items or goods in stock or on hand within a particular location, organization, or system

example
Example
click on words
The warehouse manager conducted a monthly inventory count to track stock levels.
The librarian updated the library 's inventory to include new book acquisitions.
02

the merchandise that a shop has on hand

03

a collection of resources

04

the value of goods and materials that a business holds for the purpose of resale or production

example
Example
click on words
Effective inventory control is essential for minimizing costs and ensuring timely order fulfillment.
The company invested in automated systems to streamline inventory tracking and replenishment processes.
05

making an itemized list of merchandise or supplies on hand

to inventory
01

make or include in an itemized record or report

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