Perpetual inventory


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Perpetual inventory

Recordkeeping system in which book inventory is updated daily.

Perpetual Inventory

A standard of accounting inventory on a daily basis, as opposed to a weekly or monthly basis. At the end of a day, a company using perpetual inventory changes the inventory that appears on its records to reflect the most current amount. This can be inconvenient to count, but allows the company to constantly maintain accurate data.
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Sanborn says implementing a perpetual inventory system requires a clean master file that is interfaced with your chargemaster.
But perpetual inventory tracking for the food service industry has some unique requirements.
For each industry, gross capital stock measures are constructed using the perpetual inventory method, and are used to derive the capital discard series implied by the method's discard assumption for the years 1963 to 1981.
CSM provides perpetual inventory management and an automated audit trail to help the pharmacy comply with regulatory standards.
JDA Enterprise Store Operations helps Shell manage the full lifecycle of perpetual inventory from point of order to point of receipt, driving sales and reducing operating costs.
Offering more than 400 ingredients to the Nutraceutical, Pharmaceutical, Cosmetic and Food & Beverage Industries, JIAHERB aims to let customers feel secure in their purchases through perpetual inventory and full documentation to support strict GMP regulations.
Our ability to heighten visibility of our customer's products by barcode and web portal interfacing allows our customer base the luxury of a real time perpetual inventory," explained John LaMantia, Executive Director of Administration for Wolverine Warehousing & Distribution Limited.
RETEK, A MINNEAPOLIS-BASED SOFTWARE SOLUTIONS COMPANY, HELPS SUPERMARKETS TRACK PRODUCE SHRINK WITH A WEB-BASED MERCHANDISING APPLICATION THAT MANAGES PERPETUAL INVENTORY, PROFITS AND REPLENISHMENT.
Table 1 refers to four methods--commodity flow, retail control, perpetual inventory, and fiscal year analysis--that are used by BEA for estimating specific components.
A new supply chain system went live in March, the roll out of the society's perpetual inventory system continues and a data warehouse package should be on line by January.
This can be accomplished by bringing healthcare organizations' pharmacy operations on line as perpetual inventory locations.
Does a real-time computer link exist between the perpetual inventory system and the order-entry system?
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