sealed minimum stock
sealed minimum stocka STOCK CONTROL system for STOCK items where re-orders are placed when the sealed minimum stock level is reached. Sealed stock systems tend to be used for inexpensive items such as rivets, which are available to operatives on free issue. The reorder stock level is sealed in a bag and this bag is opened only when all the other stock has been used up. A tag or card attached to the bag is used to initiate a replenishment order.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson