Purpose
With the continuous inventory method you take inventory on a selectednumber of storage bins in a storage type. The inventory can take placeat any time during the fiscal year. Compared to the annual inventorycount at the end of the fiscal year, the continuous inventory has someadvantages.

• The effort for the inventory is not concentrated on a certain day or
days but is distributed over the entire year. This can result in abetter levelling of the workload in the warehouse.

• Inventory can be conducted during slow times, for example, during the
summer vacation period.

• With a reduction in the effort required at the end of the fiscal year,
a company can respond better to problems that might arise during anend-of-year closing.

• When an inventory is carried out on a continuous basis, up-to-date
information about the correspondence between the warehouse stock andthe book inventory is always available.