in the problems area discusses the difficulties that occur in a present system...
One problem with keeping inventory is the fact that you will not have the cash invested in the inventory. Instead of keeping inventory establish a just-in-time system.
Manuel inventory systems are used with no technology and inventory is physically counted. The problems with this type of system include that they are time consuming, counts can be off and cost the company money, and ordering supplies can be off if the inventory is not done correctly.
The history of inventory systems depends on the type of inventory system being discussed. There are two main types of inventory systems, the perpetual inventory system and the periodic inventory system.
nepa inventory system
COMPUTER BASED INVENTORY SYSTEM COMPUTER BASED INVENTORY SYSTEM
Merchandise inventory:
what are the possible questions for inventory system?
periodic inventory system
The perpetual inventory system is more complicated, requires more accounting entries and is more costly the periodic inventory system does.
The perpetual inventory system is more complicated, requires more accounting entries and is more costly the periodic inventory system does.
to practice he/she's knowledge how to use the inventory system
Purchases