Inventory Of Losses

Views Updated: Dec 15, 2025

Abbreviation

IOL

Pronunciation

/ˌɪnvənˈtɔri əv ˈlɔsɪz/

In inventory management of supply chain, it is usually assumed that the losses resulted by stock-outs are afforded by the clients.
As these manufacturing enterprises, it is very important to maintain the normal operation for spare parts inventory. Spare parts inventory can keep manufacturing enterprises operation, promote the continuity of the production, and reduce the losses caused by shortages of spare parts.
On the other hand, the perishable character of aquatic raw material makes the enterprise pay more attention to the inventory time. Longer storage will affect the quality of raw material; thereby cause the intangible losses of value.

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