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 and news
New apprentice pay rates coming into effect in the new year
Addressing the impact of recent national minimum wage changes.
EBSSA support for the new industry competence structure
The Engineering and Building Services Skills Authority, in working group 2.
Notes from BSRIA Sustainable Futures briefing
From carbon down to the all important customer: Redefining Retrofit for Net Zero Living.
Principal Designer: A New Opportunity for Architects
ACA has launches a Principal Designer Register for architects.
A new government plan for housing and nature recovery
Exploring a new housing and infrastructure nature recovery framework.
Leveraging technology to enhance prospects for students
A case study on the significance of the Autodesk Revit certification.
Fundamental Review of Building Regulations Guidance
Announced during commons debate on the Grenfell Inquiry Phase 2 report.
CIAT responds to the updated National Planning Policy Framework
With key changes in the revised NPPF outlined.
Councils and communities highlighted for delivery of common-sense housing in planning overhaul
As government follows up with mandatory housing targets.
CIOB photographic competition final images revealed
Art of Building produces stunning images for another year.
HSE prosecutes company for putting workers at risk
Roofing company fined and its director sentenced.
Strategic restructure to transform industry competence
EBSSA becomes part of a new industry competence structure.
Major overhaul of planning committees proposed by government
Planning decisions set to be fast-tracked to tackle the housing crisis.
Industry Competence Steering Group restructure
ICSG transitions to the Industry Competence Committee (ICC) under the Building Safety Regulator (BSR).
Principal Contractor Competency Certification Scheme
CIOB PCCCS competence framework for Principal Contractors.
The CIAT Principal Designer register
Issues explained via a series of FAQs.