Stock in the construction industry
In its broadest sense, stock refers to products, goods or materials kept on a premises for sale, distribution or some other use.
However, stock can also refer to all of the shares into which the ownership of a company might be divided.
It can also refer to the total number of something, such as the housing stock.
Safety in the storage and handling of steel and other metal stock, second edition, published by the Health and Safety Executive (HSE) in August 2016, defines stock as: ‘Steel or other metal in its raw material form used for manufacture of metal products. In this guidance, it refers to the common forms of steel stock: long product, coil and sheet. It does not include wire or other specialised metal products.’
The Chartered Institute of Procurement & Supply (CIPS) Glossary of procurement terms, defines stock as: ‘Goods, products or materials held for future use or supply, often called inventory.’
It defines a stocktake as: 'The process of physically counting products in a warehouse to match them to the computerized inventory.'
[edit] Related articles on Designing Buildings
Featured articles
Check out some of the best features and news from Designing Buildings as well as key stories from around the web.
Mayors are to be given planning call in powers
Mayors across England will be able to make the most important planning decisions.
The Master Builder: William Butterfield and his times. Book review.
Why construction can't afford to ignore the skills gap.
Building Safety Regulator, 19 August
Gill Kernick appointed Independent Chair of Residents’ Panel.
Connecting knowledge, technology and conservation
Building competence for the future of built heritage.
Building Regulations and Building Safety Act
CIOB publishes free advice for non-domestic clients.
Building Safety Newsletter from MHCLG.
An extraordinary record of steel engineering worldwide.
Households living near new pylons to save on bills.
ECA warns growth must not outpace grid capacity or skills.
The role of the client and decision making
CIOB response to built environment professions call for evidence.
Construction's sustainability reporting revolution
Tracking upfront embodied carbon with digital tools.