Inventory
Part of speech: noun
Definition: The stock of an item on hand at a particular location or business a detailed list of all of the items on hand the process of producing or updating such a list
Part of speech: verb
Definition: To take stock of the resources or items on hand; to produce an inventory.
Example sentence: I have learned a ton about inventory, co-packing, wholesaling, end caps. All these concepts are easy to breeze by in what I do for a living or assume that there is a marketing manager or specialist in one of our companies that handles that.
Stocktaking
Part of speech: noun
Definition: the act of taking an inventory of merchandise etc.the reappraisal of a situation or of one's prospects