What is the physical inventory?

Physical inventory can accurately refer to two separate, but related ideas and meaning is mainly bound to whether the term is used to indicate the thing or the process of something. A physical inventory can often refer to the product inventory found in the store, usually retail equipment and can also be referred to as a real inventory or "on his hands". The physical inventory can also refer to the process that calculates the inventory in the store to determine the quantitative value of the inventory itself. When used as a noun, this term is often used in retail to determine how much product is available for selling customers. Because many customers leave an empty hand store if they can't find the product they are looking for and ensure that sufficient stocks in the store are important. The inventory is also commonly bound to storage and Shelf to ensure that the products in the store are easily accessible to customers.

6 Transport errors, theft, incorrect processes in the registry and other factors can create a difference between a physical or real inventory and a computer inventory. For many companies, the mismatch between these two numbers is referred to as a reduction, for items with less physical inventory than a computer inventory, or swelling, if a physical inventory is greater than a computer inventory. Both are usually considered negative because they often testify to the loss of society or poor performance of co -workers at a certain level.

When used to describe the process, a physical inventory is usually performed once a year or similarly regularly. Depending on the size of the trade, the number of stocks may take only a few hours or several days and employees of trade or external suppliers may be carried out to carry out the stock. For larger stores or for departments of shops that are particularly popular with customers or are more likely to focus on thefts can be everyDaily or weekly numbers also carried out as part of an ongoing physical inventory.