Question: How would you respond to this post? A continuous inventory is called perpetual inventory system continually monitors inventory levels, and transactions are recorded as they

How would you respond to this post?

A continuous inventory is called perpetual inventory system continually monitors inventory levels, and transactions are recorded as they occur (Vonderembse & White, 2013, section 10.2). Periodic inventory system does the opposite, and monitors transactions at intervals. For example, a company may do inventory once a week, then replenish inventory that has been depleted. The are using the method of just-in-time inventory replacement. A real-life example can be a grocery store that has a perpetual inventory system or point of sale system (POS). Products have a barcode that's being scanned when customers buy it and it will automatically make the adjustment in the inventory system of the store. The system can easily keep track of the need to restock a certain item based on what has been purchased and how much is left on hand. These systems used in inventory works depending on the type of product or service being offered by the company. The usage of each system depends on the need of the business and how to make it more efficient and seamless when it comes to delivery of service or product. To be able to use the best for a business, the inventory system must be checked first to know where improvements are needed.

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