perpetual inventory

British  

noun

1. a form of stock control in which running records are kept of all acquisitions and disposals

---

Example Sentences

He mechanized the housekeeping, closed off whole floors in rotation, kept a perpetual inventory of the rooms.

From Time Magazine Archive

I apply myself to a module in which Sam Walton waxes manic about the perpetual inventory system, then I cautiously get up from the computer to see if Howard is anywhere around.

From "Nickel and Dimed: On (Not) Getting By in America" by Barbara Ehrenreich

I went to the store and he had marked about twenty items on his stock book, which he said was a perpetual inventory.

From Dawson Black: Retail Merchant by Whitehead, Harold