Stock in Trade

Stock in Trade

Infobox_Company
company_name = Stock in Trade Ltd
foundation = 1990
location = London, England
industry = Business Services
products = Office & IT supplies
slogan = "Mange > Control > Save".
homepage = [http://www.stock-in-trade.co.uk/ www.stock-in-trade.co.uk]

Stock in Trade is a mainland UK office supplies company operating a unique imprest stock system.

The company provides its customers with manageable quantities of stock and supplies before they're needed and before they're paid for, thus eliminating the administration and storage costs associated with more traditional office supplies companies.

History

The Stock in Trade System was originally developed as a solution to a computer supplies problem. An important client - a national aggregates company - had delivery problems because a printer had run out of ribbon. Stock in Trade was challenged to come up with a solution to "make sure that this sort of thing never happens again?"' The immediate problem was solved straightaway, by biking a replacement printer ribbon direct from the supplier to the site. But how to make sure it never happened again?

The solution was simple. A price on ribbons in question was agreed then enough stock to cover the customer for a few months was put in place. Every month after that Stock in Trade visited sites, invoiced for items used, and replaced them. The Stock in Trade imprest stock system was born.


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Look at other dictionaries:

  • stock-in-trade — ˌstock in ˈtrade noun [uncountable] 1. also trading stock ACCOUNTING all the goods that a company has to sell, as well as the raw materials that it uses to produce these: • When you start up a business, you need sufficient funds to purchase your… …   Financial and business terms

  • stock in trade — stock in trade: the equipment, merchandise, or materials necessary to or used in a trade or business Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. stock in trade I …   Law dictionary

  • Stock in trade — Stock Stock (st[o^]k), n. [AS. stocc a stock, trunk, stick; akin to D. stok, G. stock, OHG. stoc, Icel. stokkr, Sw. stock, Dan. stok, and AS. stycce a piece; cf. Skr. tuj to urge, thrust. Cf. {Stokker}, {Stucco}, and {Tuck} a rapier.] 1. The stem …   The Collaborative International Dictionary of English

  • stock-in-trade — also stock in trade (stŏk ĭn trādʹ, stŏkʹĭn trād ) n. 1. All the merchandise and equipment kept on hand and used in carrying on a business. 2. The resources available to and habitually called on by a person in a given situation: A ready wit is… …   Universalium

  • stock-in-trade — n [U] 1.) something that is typical of a particular person or thing, especially what they say or do ▪ Stewart s stock in trade was the face to face interview. 2.) literary the things you need to do your job ▪ Vanessa s looks have been her stock… …   Dictionary of contemporary English

  • stock in trade — stock′ in trade′ or stock′ in trade′ n. 1) bus the goods or equipment needed for carrying on a business 2) resources or abilities peculiar to an individual or group • Etymology: 1660–70 …   From formal English to slang

  • stock of trade — see stock in trade …   Useful english dictionary

  • stock in trade — n. 1. goods kept available for sale at a store or shop 2. tools, materials, etc. used in carrying on a trade or a business 3. any resources, practices, or devices characteristically employed by a given person or group …   English World dictionary

  • stock-in-trade — noun uncount something that someone very often says or does, especially as part of their job …   Usage of the words and phrases in modern English

  • stock-in-trade — ► NOUN ▪ the typical subject or commodity a person, company, or profession uses or deals in …   English terms dictionary

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