Inventory on hand that has not yet been loaded onto shelves.
Define floor stock.
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.
Apics defines floor stock as stocks of inexpensive produc tion parts held in the factory from which production work ers can draw without requisitions.
It is the portion of inventory that is generally left in boxes in the back storage area until needed up front for display.
Because of the problems experienced with backflushing the concept of floor stock can be used in conjunction with it to overcome many of the problems it created.
This extra stock allows a retail business to resupply store shelves and display counters in between reorder deliveries.
Also called back stock.
While the use of the term is slightly different in retailing than in manufacturing the core concept is.
Defined by lean affiliates.
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.