Perpetual inventory

Supply chain flashcard on Perpetual inventory. Perpetual Inventory is a software that continuously updates SKUs quantities and availability based on orders and stock movements. It emphasizes the frustration with regular stock counts and the problems with inaccurate stock levels, referred to as 'phantom inventory.' The illustration shows a woman in a grocery aisle, thinking about discrepancies in stock levels, emphasizing the need for accurate real-time inventory tracking. The flashcard concludes that the slower a perpetual inventory system accumulates phantom inventory the better it is.

Artist: Marina Besfamilnaya

Learn more in the entry Perpetual inventory of the Lokad knowledgebase.