Stock level At a maximum following stock receipt from the supplier. Safety stock The majority of inventory in the typical logistics system Ave. Inventory = ½ order quantity plus safety stock Transit inventory -amount typically in transit between facilities or on order but not received. Obsolete inventory -stock that is out-of-date or that has not experienced recent demand. Eventually donated, destroyed, or sold at a loss. Speculative inventory - bought prior to need to hedge a currency exchange or to take advantage of a discount. Average inventory (continuation...)