Inventaari

Inventaari is a Finnish word that translates to "inventory" in English. It refers to the process of listing and accounting for all the items or assets that a business or organization possesses at a specific point in time. This can include a wide range of goods, such as raw materials, work-in-progress, finished products, equipment, and supplies.

The purpose of conducting an inventaari is multifaceted. Primarily, it provides an accurate snapshot of a company's assets, which is crucial for financial reporting, valuation, and management decision-making. By knowing exactly what is on hand, businesses can better track stock levels, identify potential shortages or overstock situations, and manage their supply chain more effectively.

Inventaari can be performed in various ways. Periodic inventory involves counting all items at set intervals, such as monthly or annually. Perpetual inventory systems, on the other hand, continuously update inventory records as goods are received and sold, often using technology like barcode scanners and inventory management software. Regardless of the method, a thorough inventaari helps prevent loss, theft, and obsolescence, contributing to overall operational efficiency and profitability. It is a fundamental practice in inventory management and business operations.