Chapter 12 Crossword

Level of inventory that must be maintained to meet current sales volume or consumption, while taking order lead time into account.
the offering of particular prices for something, especially at an auction.
a detailed list of a shipment of goods in the form of a receipt given by the carrier to the person consigning the goods.
the practice of comparing the price of products or services from different vendors before buying.
a complete list of items such as property, goods in stock, or the contents of a building
Manual or computer-based record of the quantity and kind of inventory. It often also includes history of the recent transactions in each inventory item. Also called stock record.
a list of goods sent or services provided, with a statement of the sum due for these; a bill.
denoting a manufacturing system in which materials or components are delivered immediately before they are required in order to minimize inventory costs.
It is aimed at maximising return on investment, through planning sales and inventory in order to increase profitability.
a list or inventory of the goods or raw materials kept on the premises of a shop or business.
A packing list is a document that includes details about the contents of a package.
Perpetual inventory is a method of accounting for inventory that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software
a process where a business physically counts its entire inventory
a commercial document and first official offer issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services
The characteristics that are associated with an item or product to be purchased
A receiving report is an important record of the merchandise that a retailer has actually received from a supplier
an agreement between two countries which provide for the exchange of goods between them at lower tariffs and better terms than that exist between one of the countries and other countries.
the level of inventory which triggers an action to replenish that particular inventory stock.
a document that solicits proposal, often made through a bidding process, by an agency or company interested in procurement of a commodity, service, or valuable asset, to potential suppliers to submit business proposals.
the sequence of processes involved in the production and distribution of a commodity.
a system of management based on the principle that every staff member must be committed to maintaining high standards of work in every aspect of a company's operations
Assessing weaknesses and strengths of prospective and current suppliers in terms of capacity, reputation, gross margins, reliability, service, etc