Physical inventory system and perpetual inventory system.
Filipe Martins, MBA
![Filipe Martins, MBA]()
Filipe Martins, MBA
My background includes operations management in F & B and Hospitality, with more than twenty years experience.
A physical inventory system involves actual observation and counting of stored products on a periodic basis.
A perpetual inventory system involves keeping a running balance of the quantity of stored products by recording all newly purchased items as they enter storage areas and all quantities issued from storage to production areas.