Perpetual Inventory systems (what is perpetual inventory)

Perpetual Inventory System under 60 seconds. Just a quick fun video showcasing what a Perpetual Inventory system is. Unlike periodic Inventory, Perpetual inventory changes in real time when you buy and sell stock, and is very powerful combined with modern scanners and RFID equipment. On saying this though, most Retail and Warehouses should choose Perpetual Inventory even without modern scanners. Perpetual Inventory provides the best real time methods to show accurate Inventory count without having to rely on periodic stock taking as much to keep an accurate eye on your Stock and values. It is vital to have a ERP system that has a great Perpetual Inventory system, and data needs to be accurate of course to remain integral.

Timms software and Disprax, are an Australian ERP company helping many small to medium size businesses with there Business software needs. http://www.disprax.com.au/what-is-perpetual-inventory/