Question

What is the need of perpetual inventory system? What are the problems that you are facing in managing the stock level? 

27 Apr 2023
Answer :
Word Count : 369

The perpetual inventory system is a method of tracking inventory levels in real-time, allowing businesses to continuously monitor their inventory and make informed decisions about stock levels, ordering, and production. In this system, inventory levels are updated automatically as each transaction takes place, providing businesses with up-to-date information on their stock levels.

There are several reasons why a perpetual inventory system is important for businesses. Firstly, it allows them to maintain a more accurate record of their inventory levels, which can help them to avoid stockouts or overstocking. This can lead to ______ _______ _________ ________ ___ ___ ___.
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