Inventory on hand that has not yet been loaded onto shelves.
Define floor stock.
1 definition material and components stored on the production floor used as needed for multiple production orders and not pegged or issued to individual orders.
A floor in finance may refer to several things including the lowest acceptable limit the lowest guaranteed limit or the physical space where trading occurs.
Normally lower dollar value backflushed items.
Defined by lean affiliates.
Also called back stock.
It is the portion of inventory that is generally left in boxes in the back storage area until needed up front for display.
Apics defines floor stock as stocks of inexpensive produc tion parts held in the factory from which production work ers can draw without requisitions.
A floor stock system in a hospital involves the storage of pharmaceutical and over the counter drugs where they are needed usually in a nurse s station rather than in a pharmacy as explained on knowledge source.
This extra stock allows a retail business to resupply store shelves and display counters in between reorder deliveries.