Origins of the Goins Surname. It is quite possible for two people with the Goins last name to have been given that surname for entirely different reasons.
â¢ INVENTORYING (noun). The noun INVENTORYING has 1 sense: 1. making an itemized list of merchandise or supplies on hand. Familiarity information: INVENTORYING used as a noun is very rare.
Defining Open Inventory. Open inventory, also known as opening inventory, is the amount of inventory that a business has on hand at the beginning of an accounting period, such as a new fiscal year or quarter. Inventory consists of merchandise ready for sale. To a manufacturer, this means items that are completed and ready to ship out when an order is placed. For retailers, inventory is physical stock in a store or warehouse.