Inventory
A supply chain term used to plan, procure, move, store or track materials and equipment.
Inventory Explained
Inventory is a key term within supply chain & logistics, where it is used across construction, infrastructure, transport and industrial project delivery. In practical terms, it helps describe how work is planned, specified, delivered, measured or maintained on real sites and assets. Understanding inventory is useful because the same language is often shared by contractors, designers, suppliers, asset owners, public authorities and investors.
Within Highways.Today’s Dictionary, inventory should be read as part of the wider vocabulary of procurement, transport, freight, storage and delivery terms across infrastructure supply chains. It may appear in technical specifications, tender documents, project reports, equipment guides, safety plans, design models, maintenance schedules or news articles. Exact requirements can vary by country, project type, contract form, standard and manufacturer, so readers should always check the relevant local guidance, drawings, regulations and professional advice before relying on the term for design, procurement or operational decisions.
Articles Featuring Inventory
Trimble Reimagines Materials Management for Smarter Construction
22nd May 2025
Trimble Reimagines Materials Management for Smarter Construction In an industry where material costs can swing faster than a crane arm…
Accurate Inventory: The Silent Killer of Ecommerce Waste and How to Fix It
20th May 2025
Accurate Inventory: The Silent Killer of Ecommerce Waste and How to Fix It Managing inventory can determine the success or…
The Ultimate Guide to Industrial IoT in 2024
9th October 2024
The Ultimate Guide to Industrial IoT in 2024 The Industrial Internet of Things (IIoT) is no longer a futuristic concept;…
Quanta Services selects RB Asset Solutions to help manage and redeploy 61,000+ assets
23rd December 2019
Quanta Services selects RB Asset Solutions to help manage and redeploy 61,000+ assets Quanta Services, Inc., a leading contractor operating…
Drone technology for Asset Inventory Management
17th May 2018
Drone technology for Asset Inventory Management Every year, companies carry out expensive and time consuming inventories within their warehouses and…
Editorial Note
The Highways.Today Dictionary is maintained as an editorial reference resource for construction, infrastructure, transport and industrial technology professionals. Definitions are intended to support understanding, discovery and research, and may be expanded over time as the Dictionary evolves into a broader illustrated industry reference.