Perpetual Inventory Management

Perpetual Inventory Management is a system used by businesses to continuously track inventory levels in real-time. Instead of conducting periodic stock checks, this method automatically updates inventory data every time a product is sold, received, or returned. This helps companies maintain accurate stock counts, reduce errors, and improve decision-making regarding purchasing and sales. By having an up-to-date view of inventory, businesses can better meet customer demand while minimizing excess stock, ultimately leading to more efficient operations and reduced costs.