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Inventory System: Beginning Inventory and Opening Stock

Every company whose business involves the management of stock should be familiar with inventory-related terminology. Some of the many terms include: active stock, aisle, ATA, ATD, backorder, barcode, SKU, blind receiving, 3PL, 4PL, buffer stock, ending inventory, cargo, cross-aisle, consolidation, cross docking, cycle count, DDP, DSD, EAN, FIFO, LIFO, fixed slot, inventory system and more. […]

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