point-of-use inventory

Definition

Stock-keeping units (SKUs) that are stored at the location where they will be used. This type of inventory management is often found in manufacturing or production assembly lines. This is a lean manufacturing practice that tends to minimize the amount of inventory kept on hand since available space is typically limited at the point-of-use.

Related Videos




http://www.businessdictionary.com/definition/point-of-use-inventory.html

Today's Top Bulls

72% Bullish
(36 Votes)
70% Bullish
(103 Votes)
69% Bullish
(75 Votes)
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z