MRP glossary TOP > Inventory Control > Simultaneous Stocktaking
Simultaneous Stocktaking
Simultaneous Stocktaking
It is an inventory clearance simultaneously performed for all items in warehouse, process, and subcontractors' at some point. The inventory clearance for only items in warehouse is called Warehouse Stocktaking, while that for items in process and subcontractors' is called In Process Stocktaking.
Related term: Stocktaking
It is an inventory clearance simultaneously performed for all items in warehouse, process, and subcontractors' at some point. The inventory clearance for only items in warehouse is called Warehouse Stocktaking, while that for items in process and subcontractors' is called In Process Stocktaking.
Related term: Stocktaking
Reference:JIT Business Research Mr. Hirano Hiroyuki