Financial Terms Glossary

Inventory

Formal

Stocks held by a company in order that it can conduct business. Types of inventory include finished goods for sale, raw materials for manufacture, and work in progress for part finished goods.

Informal

Customers who want your products will no doubt have many other alternative sources of supply. Inventories are 'stock-in-trade' that is immediately available to satisfy these customers' requirements.

What we do

At Shark Finesse we have created business case software to help you win budget and change the way you talk to customers about business value.
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+44 (0)1256 338635
Address
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Basingstoke, Hampshire
RG24 8AG, UK