Advantages of Periodic Inventory
Since no permanent employee is required for physical counting of merchandise inventory under this system it is less expensive. Periodic inventory requires very few materials to be properly conducted and this translates to a significantly lower cost of setup. Environmental Analysis Examining The Present And Looking Into The Future Environmental Analysis Analysis Environment Periodic inventory is one that involves a physical count at various periods of time while perpetual inventory is computerized using point. . The Periodic Inventory System is mostly useful for small businesses to maintain their inventory consisting of small amounts. These companies find it easy to complete a physical inventory count. You order regular inventory shipments of wood nails paint and other raw materials and maintain a. Maintaining physical inventories can be costly because the process eats up time and manpower. Some inventory management systems
