Word forms: (plural) perpetual inventories
( Retail : Merchandising )
Perpetual inventory reflects all known inventory adjustments as they happen, providing a more real-time,
up-to-date inventory position.
A computerized system where each item of inventory is linked to the electronic accounting
records is a perpetual inventory system.
Perpetual inventory is a method of stock control in which an accurate record of all merchandise bought
and sold is available at all times.
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