Editing Inventory (section)

===Typology===
# Buffer/[[safety stock]]: Safety stock is the additional inventory that a company keeps on hand to mitigate the risk of stockouts or delays in supply chain. It is the extra stock that is kept in reserve above and beyond the regular inventory levels. The purpose of safety stock is to provide a buffer against fluctuations in demand or supply that could otherwise result in stockouts.
# [[Reorder level]]: Reorder level refers to the point when a company place an order to re-fill the stocks. Reorder point depends on the inventory policy of a company. Some companies place orders when the inventory level is lower than a certain quantity. Some companies place orders periodically.
# Cycle stock: Used in batch processes, cycle stock is the available inventory, excluding buffer stock.
# De-coupling: Buffer stock held between the machines in a single process which serves as a buffer for the next one allowing smooth flow of work instead of waiting the previous or next machine in the same process.
# Anticipation stock: Building up extra stock for periods of increased demand—e.g., ice cream for summer.
# Pipeline stock: Goods still in transit or in the process of distribution; e.g., they have left the factory but not arrived at the customer yet. Often calculated as: ''Average Daily / Weekly usage quantity X Lead time in days + Safety stock''.