What is the other term for an ongoing management inventory?

Perpetual inventory is a constant and up-to-date system of managing inventory that tracks inventory levels in real time. This method allows a facility to monitor stock levels continuously, reflecting any additions or deductions as they happen. It aids in maintaining optimal stock levels, reduces the risk of overstock or stockouts, and ensures that the inventory data is always current and accurate.

This approach is particularly valuable in a sterile processing environment, where timely availability of instruments and supplies is crucial for patient safety and operational efficiency. By utilizing a perpetual inventory system, a facility can streamline its operations and make more informed decisions regarding purchases and inventory management.

While terms like total inventory control, periodic inventory, and computerized inventory refer to different aspects of inventory management, they do not specifically denote the ongoing, real-time tracking characteristic of perpetual inventory.