Apr 23, 2012 19:07
12 yrs ago
1 viewer *
English term
Inventory Sequestered On-Site
English
Bus/Financial
Other
IT / BUS
Consignment - "Inventory Sequestered" On-Site
Price Protection
Low Carrying Cost
Stock Out Elimination
What does "Inventory Sequestered" mean in this context?
Thank you in advance for your help.
Price Protection
Low Carrying Cost
Stock Out Elimination
What does "Inventory Sequestered" mean in this context?
Thank you in advance for your help.
Responses
14 mins
Stephanie Ezrol
United States
United States
Native in English
&
English
United States
French to English, English to English
Native in: English
Works in: English, French to English, French Middle (ca.1400-1600) to English
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inventory held at the site by those will be using it as part of an end product
I believe you are dealing with a consignment situation and an OEM. The current definition of OEM which I think is relevant is:
"More recently, OEM is used to refer to the company that acquires a product or component and reuses or incorporates it into a new product with its own brand name."
http://searchitchannel.techtarget.com/definition/OEM
So the "on-site" would then mean on the site of the OEM. Sequestered is this usage would mean held by the OEM as opposed to having to be warehoused somewhere.
"More recently, OEM is used to refer to the company that acquires a product or component and reuses or incorporates it into a new product with its own brand name."
http://searchitchannel.techtarget.com/definition/OEM
So the "on-site" would then mean on the site of the OEM. Sequestered is this usage would mean held by the OEM as opposed to having to be warehoused somewhere.
4 KudoZ points awarded for this answer.
Comment: "Thank you very much for your clear explanation."
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