American Production and Inventory Control Society — APICS The Association for Operations Management, is a not for profit international education organization, offering certification programs, training tools and networking opportunities to increase workplace performance. It was founded in 1957 as… … Wikipedia
Certified in Production and Inventory Management — Contents 1 CPIM 2 CFPIM 3 External links 4 References CPIM The APICS CPIM or Certified in Production and Inventory Management designation is a prof … Wikipedia
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
Inventory valuation — INVENTORIES AND FINANCIAL STATEMENTS Inventories are usually the largest current asset of a business, and proper measurement of them is necessary to assure accurate financial statements. If inventory is not properly measured, expenses and… … Wikipedia
inventory — inventoriable, adj. inventorial, adj. inventorially, adv. /in veuhn tawr ee, tohr ee/, n., pl. inventories, v., inventoried, inventorying. n. 1. a complete listing of merchandise or stock on hand, work in progress, raw materials, finished goods… … Universalium
production system — ▪ industrial engineering Introduction any of the methods used in industry to create goods and services from various resources. Underlying principles All production systems, when viewed at the most abstract level, might be said to be… … Universalium
inventory — 1. Supplies used and goods manufactured in *production processes. Inventory is normally categorized into (i) *raw materials, (ii) *work in process, and (hi) *finished goods. Under most systems of * Generally Accepted Accounting Principles,… … Auditor's dictionary
Production leveling — Production leveling, also known as production smoothing or – by its Japanese original term – heijunka (平準化?),[1] is a technique for reducing the muda waste and vital to the development of production efficiency in the Toyota Production System and… … Wikipedia
Inventory — For companies: Raw materials, items available for sale or in the process of being made ready for sale. They can be individually valued by several different means, including cost or current market value, and collectively by FIFO, LIFO or other… … Financial and business terms
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
inventory controller — UK US noun [C] (also inventory manager) COMMERCE, PRODUCTION ► someone whose job is making sure that the right amount of goods, parts, and materials are available for sale: »She works as inventory controller for the Liquor Control Board … Financial and business terms