inventory (B1)
noun
Pronunciation: /ˈɪn.vən.tɔːr.i/
Definition
A complete list of all the items that are in a place at a particular time.
Examples
The store conducted a full inventory of its merchandise at the end of the year.
We need to update the inventory to reflect the recent sales.
The museum has a detailed inventory of all its artifacts.
How to Use inventory
- take inventory (collocation)
- To count and list all items in stock. — "The staff will take inventory after the store closes."
- conduct inventory (collocation)
- To perform the task of counting and listing items. — "The warehouse will conduct inventory next week."
- inventory management (collocation)
- The system or process of controlling and overseeing stock. — "Good inventory management is crucial for retail success."
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