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perpetual inventory

   Also found in: Financial, Acronyms, Wikipedia 0.01 sec.
perpetual inventory
n
(Business / Commerce) a form of stock control in which running records are kept of all acquisitions and disposals
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Tracing specific manufacturer lot numbers through the intervening systems touch points can provide a base traceability without having to install costly new perpetual inventory systems.
Healthy returns: while grocers need to be diligent about food safety, ... by Martin, Desmond A. / Grocery Headquarters
We determined the overstatement to be caused by a fraudulent manipulation in our perpetual inventory records," Stephen LaFrance Jr.
Lax controls made Atwood thefts easy; former USA drug exec begins ... by Friedman, Mark / Arkansas Business
Total wealth is estimated as the present value of future consumption, produced capital stocks are derived from historical investment data using a perpetual inventory model, natural resource stock values are based upon country-level data on physical stocks and estimates of natural resource rents based on world prices and local costs, and intangible capital is measured as the difference between total wealth and the other produced and natural stocks.
Where Is the Wealth of Nations? Measuring Capital for the 21st Century by Reference & Research Book News
 
 
 
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