Inventory Management Vocabulary

noun an individual article or unit, especially one that is part of a list, collection, or set

• The item in question is a rare artifact dating back to the 15th century.
• I really like that item you bought at the antique store.
• Check out this sick item I just copped from the thrift shop.
• His courage was the most valuable item in his arsenal.

noun a thing or object, especially one that is part of a list or collection

• The store offers a wide variety of items for sale.
• I need to pick up a few items from the grocery store.
• Let's grab some cool items for the party tonight.
• His speech contained many valuable items of information.

noun a reduction in price

verb to reduce the price of an item

• The retailer decided to mark down the prices of their products in order to attract more customers.
• I heard they're going to mark down those shoes you've been wanting to buy.
• Let's wait until they mark down the new video game before we buy it.
• She couldn't help but mark down all the ways in which he had changed since they first met.

noun goods to be bought and sold

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• The store manager is responsible for overseeing the inventory of merchandise.
• I love browsing through all the cool merchandise at that store.
• I scored some awesome merch at the concert last night.
• Her kindness and generosity are the best merchandise she has to offer.

noun a flat, horizontal board or surface used for holding items

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• The books on the top shelf are organized alphabetically.
• I found a cool mug on the top shelf in the kitchen.
• I scored some new kicks off the shelf at the mall.
• Her skills as a writer really set her apart from the rest on the literary shelf.

noun food that has spoiled or become unfit for consumption

• Proper storage techniques can help prevent spoilage of perishable goods.
• Don't leave that food out too long or it'll spoil.
• I hate when my groceries go bad because of spoilage.
• His negative attitude towards life was like spoilage on a fresh outlook.

noun a building or room used for storing goods or supplies

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• The museum's archive serves as a storehouse for valuable historical artifacts.
• My garage has turned into a storehouse for all the old furniture we don't use anymore.
• I found a hidden storehouse of snacks in my friend's bedroom.
• Her mind was like a storehouse of memories, each one carefully preserved and cataloged.

noun an amount of something left over when requirements have been met; an excess of production or supply over demand

adjective more than what is needed or used; excess

• The company had a surplus of inventory after the holiday season.
• We have a surplus of snacks in the kitchen if you're hungry.
• I scored a surplus of concert tickets for cheap on Craigslist.
• Her kindness created a surplus of goodwill among her colleagues.

verb to remove or subtract something from a particular place or person

• The company decided to take from its reserves to cover the unexpected expenses.
• I'll just take from my savings to pay for the concert tickets.
• I had to take from my mom's purse to buy snacks for the movie.
• His comments seemed to take from the credibility of the entire presentation.

verb past participle form of the verb 'unsupply', meaning to fail to provide or give something

adjective describing something that has not been provided or given

• Due to a logistical error, the store was unsupplied with the necessary inventory.
• Sorry, we're unsupplied with that item at the moment.
• We're totally unsupplied for the party tonight, we need to go shopping ASAP.
• His mind was unsupplied with the creativity needed to solve the problem.

adjective not taken or chosen; available for use or possession

• The opportunity remained untaken despite multiple offers.
• He left the job untaken because he didn't like the location.
• I saw the last piece of cake sitting there untaken, so I grabbed it.
• The untaken path led to a world of possibilities.