Glossary
Quantity on Hand
Tags: Glossary,
The amount of inventory that is currently in stock at a specific location.
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What is Quantity on Hand?
Quantity on hand refers to the amount of a particular product that is currently in the warehouse or retail store and is available for sale or shipment. This quantity may be updated in real-time based on inventory levels and sales activity and may be used to determine when it is necessary to reorder a particular product.
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