Systems
Perpetual Inventory
Perpetual Inventory: A system that updates inventory counts in real time as transactions occur.
How perpetual inventory works
Every inventory movement updates the system. That includes receiving, sales, transfers, check-outs, returns, and corrections.
Why scanning matters
Perpetual inventory depends on fast, accurate updates. Barcode scanning reduces typing and makes it easier to update stock at the moment it moves.
Perpetual inventory risks
If people skip updates, the system can look precise while being wrong. Cycle counting and audit trails keep it trustworthy.