The World-Wide Web Virtual Library: Logistics: Glossary: Stock

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Common Agricultural Policy - Originally created with three main components: a single market for agricultural products, with common prices; a common external tariff (CET) on agricultural imports; and common financial responsibility. Its core is the guaranteed price system and the intervention (where food surpluses occur) system, administered by the European Agricultural Guidance and Acronym: CAP Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm

Related Terms: Common Agricultural Policy - international | trade |

Common Fisheries Policy -

Established in 1983 for a twenty-year period, and focusing on access to and the preservation of fish stocks. While all EC waters were to be open to all EC fishermen (except for a limited coastal range), fishing was governed by the Total Allowable Catch (TAC), a quota system for Reference: Professor Derek Urwin, Department of Politics and International Relations, University of Aberdeen, Aberdeen, U.K., http://www.abdn.ac.uk/~pol028/index.htm

Related Terms: Common Fisheries Policy - international | trade |

Computer-Integrated Manufacturing (1) -

The application of information technology to the management of complete systems or subsystems within a manufacturing environment, characterized by the integration of many separate applications such as CAD, CAM, CAE, and robotics together with commercial applications such as stock control, spares ordering, and process planning. Acronym: CIM Reference: ECRC University of Scranton / Defense Logistics Agency Included with permission from Joan Smith, "An Introduction to CALS: The Strategy and the Standards", 1990

Related Terms: Computer-Integrated Manufacturing (1) - computer | computer-aided design | integration | management | manufacturing | technology |

Goods -

Products, merchandise, commodities, supplies, raw materials, property, stock, inventory, liquids, chemicals, wares, perishables; items of commerce; dry goods, capital goods, consumer goods, perishable goods, canned goods, liquid goods.

Related Terms: Goods - durables | inventory | merchandise | products | retail | wholesale |

Inventory -

Supplies, wares, goods, durables, or materials on hand or in stock.

Related Terms: Inventory - decoupling | durables | goods | stock | supplies | wares |

Stock -

A store or supply of accumulated items.

Related Terms: Stock - commodity | merchandise | supplies |