Stock that has been requested by a customer but not yet picked or issued. There may be physical stock on the shelf, but it is not ‘free stock’ as it is already allocated to an existing customer.
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Discover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.
