Floor stock

Floor stock

Material and components stored on the production floor used as needed for multiple production orders, and not pegged or issued to individual orders. Normally lower-dollar value, backflushed items.

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Industry/Domain: Software
Category: Supply chain
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Strategic Petroleum Reserve (SPR)

A U.S. stockpile of petroleum that was created as a counter measure after the 1973 energy crisis in which an Arab led oil embargo halted oil exports ...