10 Sites to Help You Become an Expert in manufacturers usually classify inventory into all the following general categories except:

Inventory that is not for sale and cannot be sold, inventory that is not for use, inventory that is for resale, inventory that is for future resale, inventory that is not for resale, inventory that has been sold, inventory that has been used, and inventory that has been abandoned.

In order to avoid confusion, the inventory categories listed above are not meant to be used in conjunction with each other. For instance, an inventory that is for resale can be classified in any of the above categories.

The inventory categories above mean that we can’t sell a car, the inventory that is not for sale can’t be sold, inventory that is for resale can be classified in any of the above categories, but it can’t be sold, inventory that is for future resale can be classified in any of the above categories, but it can’t be sold, and inventory that has been abandoned can be classified in any of the above categories.

This is because we define inventory in terms of how it is classified. For example, our inventory for car resale is classified in category 1 because it is for resale. It is not classified in any of the others because it is not for resale.

Inventory can have resale value, resale value can be classified in any of the above categories, but it cant be sold, and inventory that has been abandoned can be classified in any of the above categories.

But as I mentioned above, inventory can be classified into any of the above categories.