Product vs Inventory - What's the difference?
product | inventory |
A commodity offered for sale.
Any preparation to be applied to the hair, skin, nails, etc.
Anything that is produced; a result.
* (John Milton) (1608-1674)
* (Edmund Burke) (1729-1797)
*{{quote-magazine, date=2014-06-21, volume=411, issue=8892, magazine=(The Economist)
, title=[http://www.economist.com/news/books-and-arts/21604535-real-sir-isaac-newton-was-not-first-king-reason-last Magician’s brain]
, passage=The truth is that [Isaac] Newton was very much a product of his time. The colossus of science was not the first king of reason, Keynes wrote after reading Newton’s unpublished manuscripts. Instead “he was the last of the magicians”.}}
# The amount of an artifact that has been created by someone or some process.
# A consequence of someone's efforts or of a particular set of circumstances.
# (label) A chemical substance formed as a result of a chemical reaction.
# (arithmetic) A quantity obtained by multiplication of two or more numbers.
# (label) Any operation or a result thereof which generalises multiplication of numbers, like the multiplicative operation in a ring, product of types or a categorical product.
# Any tangible or intangible good or service that is a result of a process and that is intended for delivery to a customer or end user.
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Illegal drugs, especially cocaine, when viewed as a commodity.
(operations) The stock of an item on hand at a particular location or business
(operations) a detailed list of all of the items on hand
(operations) the process of producing or updating such a list
(lb) A space containing the available to a character for immediate use.
(operations) To take stock of the resources or items on hand; to produce an inventory.
As nouns the difference between product and inventory
is that product is a commodity offered for sale while inventory is (operations) the stock of an item on hand at a particular location or business.As a verb inventory is
(operations) to take stock of the resources or items on hand; to produce an inventory.product
English
Noun
- the product of those ill-mated marriages.
- These institutions are the products of enthusiasm.
Usage notes
* Adjectives often applied to "product": excellent, good, great, inferior, crappy, broken, defective, cheap, expensive, reliable, safe, dangerous, useful, valuable, useless, domestic, national, agricultural, industrial, financial.Synonyms
* (items for sale) merchandise, wares, goods * (amount created by a process) production, output, creationDerived terms
* by-product * categorical product * end product * finished product * gross domestic product, gross national product * product placement * product recallSee also
* addition, summation: (augend) + (addend) = (summand) × (summand) = (sum, total) * subtraction: (minuend) ? (subtrahend) = (difference) * multiplication: (multiplier) × (multiplicand) = (factor) × (factor) = (product) * division: (dividend) ÷ (divisor) = (quotient), remainder left over if divisor does not divide dividend ----inventory
English
(wikipedia inventory)Noun
(inventories)- Due to an undersized inventory at the Boston outlet, customers had to travel to Providence to find the item.
- The inventory included several items that one wouldn't normally think to find at a cheese shop.
- This month's inventory took nearly three days.
Synonyms
* See alsoVerb
(en-verb)- The main job of the night shift was to inventory the store, and restock when necessary.