Procurement & Supply Chain / Inventory Management
Excess & Obsolete Inventory E&O (aliases: slow-moving and obsolete SLOB, excess stock, dead stock, obsolescence reserve)
Inventory held beyond foreseeable demand (excess) or no longer sellable at all (obsolete), and the reserve booked against it.
The fork, why two teams get different numbers
The threshold that classifies it, and the reserve that values it.
In the Metric Library
- The full fork, both definitions worked all the way through
- The trap that makes the number lie, on a real export
- Every formula variant, spelled out
- The reconciliation anchor, what to tie it to and when to refuse
Reference: GAAP/ASC 330 (lower of cost or net realizable value) · APICS/SCOR · ISM