"Inventory" Example Sentences
1. The store performed an annual physical inventory count of all products.
2. The team conducted a full inventory of supplies before the hurricane.
3. We need to update our inventory records after discovering the error.
4. Employees performed cycle counts throughout the year to maintain an accurate inventory.
5. The company struggled with outdated inventory management software.
6. Let's check inventory levels before placing a new order with the supplier.
7. Reducing inventory costs and holding less stock has helped increase profits.
8. The automated inventory tracking system improved efficiency.
9. The database holds all our product inventory details like descriptions, costs, and quantities.
10. I prepared an inventory report for the manager to analyze stock levels.
11. The inventory shortage was discovered after an audit.
12. We need to order more running shoes to replenish inventory.
13. I conducted an inventory of plant parts and equipment before the maintenance audit.
14. We compared inventory on hand to what the system showed to identify discrepancies.
15. Our low inventory led to lost sales opportunities.
16. Inventory shrinkage from theft or damage increased costs.
17. The owner created an inventory list of all business assets for insurance purposes.
18. Let's organize the warehouse to speed up the inventory count process.
19. A perpetual inventory system tracks quantities as items are sold or received.
20. Slow moving inventory tied up working capital.
21. Just-in-time inventory strategies aim to have stock available right when needed.
22. Inventory optimization is crucial for e-commerce businesses.
23. The manual pen-and-paper inventory system was inefficient and prone to error.
24. The new inventory tracking software includes barcoding for faster counts.
25. Reducing excess inventory frees up storage space.
26. An accurate physical inventory count is critical for the annual financial report.
27. We noted several discrepancies during our inventory audit.
28. He took an inventory of all electronic components for the build.
29. I made a list to keep an inventory of supplies in my kitchen pantry.
30. Identify slow moving inventory items that may require price reductions.
31. The company invested in new robotics technology to automate inventory management.
32. Identifying damaged or obsolete inventory is important to minimize costs.
33. Inventory aging reports show how long items have been in stock.
34. Developing a safety stock inventory policy can help prevent stockouts.
35. I maintain an inventory of spare parts to repair electronics.
36. Perform monthly cycle counts of designated inventory sections.
37. The staff inventoried all food items in the storage room.
38. Minimizing inventory requires careful planning and demand forecasting.
39. The store ran an advertisement to reduce excess inventory.
40. We took photos as part of the inventory procedure to document merchandise.
41. Some operations run with just-enough inventory to meet demand.
42. Perform an inventory valuation to determine the worth of stock.
43. The inventory shortage disrupted store operations until a rush order arrived.
44. Implementing an RFID inventory tracking system boosted productivity.
45. An accurate cost method is important for properly valuing inventory.
46. Monitor inventory turnover rates to identify inefficiencies.
47. The company installed new software to automate receiving and shipping inventory updates.
48. The owner maintained an inventory of all real estate holdings for tax purposes.
49. Holding too much inventory increases business costs and risks.
50. The company reallocated resources to better manage excess inventory.
51. Frequent inventory replenishments are necessary for perishable goods.
52. Employees performed routine cycle counts to keep inventory on the shelves accurate.
53. Comparing physical inventory counts to book inventory revealed accounting errors.
54. Properly identify obsolete inventory to avoid overproduction issues.
55. The manager reviewed the inventory management SOP to identify areas for improvement.
56. Retailers arrange products creatively on shelves to reduce perceived inventory.
57. Implement an ABC classification system to prioritize inventory items.
58. An accurate inventory forecast led to higher profits from on-target production.
59. Poor inventory management contributed to profit deterioration over the past year.
60. The manufacturing firm aims to minimize work-in-process inventory to conserve resources.
Common Phases
1. Take
inventory - Conduct an
inventory count or determine what is available.
2. Conduct an
inventory - Perform an
inventory count.
3. Maintain
inventory- Keep a certain level of
inventory stocked.
4. Update
inventory - Make changes to
inventory records.
5. Manage
inventory - Control and plan
inventory levels.
6. Replenish
inventory - Purchase more
inventory to refill stock.
7. Reduce
inventory - Decrease the amount of
inventory held.
8. Physical
inventory - An actual count of
inventory on hand.
9. Book
inventory - The recorded
inventory amount in accounting records.
10.
Inventory records - Data about quantities and details of products.
11.
Inventory system - The method used for tracking and recording
inventory.
12.
Inventory shrinkage - The loss of
inventory due to damage, theft, or error.
13.
Inventory control- The process of organizing and monitoring
inventory.
14. Valuing
inventory - Determining the financial worth of
inventory.
15.
Inventory turnover -The number of times
inventory is sold or used during a period.