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What is the difference between Stock and Inventory?

Logistics Planning Supply Chain Inventory
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Question added by RANJAN SINHA , supply chain and logistics manager , Tech Mahindra Business Services
Date Posted: 2017/09/04
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Mohab Hashem
by Mohab Hashem , Supply Chain Manager , Universal food company

Though the two terminologies are close but we mostly use stock for running items raw or finished while inventory used for running items, spare parts, equipment and the verified stocks (audited stock)

Deleted user

stock the material for sale 

inventory the material usising on manufacturer 

Deepak Thomas Keepurathu
by Deepak Thomas Keepurathu , Accounts & Admin Officer , IronMount

Stock means the finished goods that are ready for sale and inventory means the raw materials used to manufacture the final material or goods.

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