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Inventory Definition, Usage & Common Business Contexts (2 meaning)

Meaning 1:detailed list (inventory)

inventory 🔊
/ˈɪnvəntɔːri/
n.
A detailed list of all the things in a place, like a store or warehouse.
Inventory management scene: worker with clipboard checking items on warehouse shelves.
detailed list 🔊
/ˈdiːteɪld lɪst/
n.
A comprehensive record of all items present in a specific location, such as a store or warehouse.
📁 Category:Social Economy 🔖 Level:初级

📘 Details & Usage

📖 Root Explanation
From Latin 'inventarium', meaning 'list' or 'catalogue'.
💡 Mnemonic
INVENTory: when you INVENT a list, you create an inventory.
📖 Example
Before the big sale, the store manager did an inventory and discovered they were running low on shampoo. 🔊 Prior to the major sale, the store manager conducted a stock check and found low shampoo supplies.
🔗 Collocations
take inventory – to count and list all items in stock
inventory management – the process of overseeing and controlling stock
inventory list – a documented record of all items
🔄 Synonyms
stock (n.) – the total amount of goods available for sale
catalogue (n.) – a complete list of items, often in a systematic order
register (n.) – an official list or record
🚫 Antonyms
shortage (n.) – a lack or deficiency of items
📖 Cultural Story
The word 'inventory' comes from Latin 'inventarium', a list of found items, derived from 'invenire' (to find). It entered English in the 15th century and is widely used in commerce for stock management.

Meaning 2:stock counting (inventory)

inventory 🔊
/ˈɪnvəntɔːri/
n.
The act or process of making a detailed list of items; to count and list all stock.
Stocktaking process: retail employee scanning barcode for inventory count in store.
stock counting 🔊
/stɒk ˈkaʊntɪŋ/
n.
The act or procedure of creating a detailed list by counting and recording all items in stock.
📁 Category:Behaviors & Actions 🔖 Level:中级

📘 Details & Usage

📖 Example
The bookstore closes early every quarter to inventory all its books and update the computer system. 🔊 The bookstore shuts early each quarter to perform a full stock count and update its digital records.
🔗 Collocations
conduct inventory – to perform the act of counting and listing stock
inventory process – the series of steps involved in stocktaking
inventory check – a verification of stock items
🔄 Synonyms
stocktaking (n.) – the activity of counting and listing all stock
audit (n.) – a systematic examination of records or items
survey (n.) – a detailed inspection or count
🚫 Antonyms
neglect (n.) – failure to care for or maintain records
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