Ever stocked up on groceries only to find out your fridge was already full? Or worse—forgotten what you even had in there? That’s inventory management, and it’s a lot like what businesses go through every day.
Just like keeping track of the food in your kitchen, companies need smart systems to manage their products and materials. That’s where inventory accounting comes in—and it’s not just about counting what’s on the shelves.
In this Accountants have impACCT video, PwC breaks down how inventory valuation and existence checks are critical to business success. You’ll see how major retailers are rethinking their systems, using technology like AI, RFID tags and robots to stay competitive. And, you’ll meet a PwC accountant who explains how innovation in inventory management led one company to a $500 million revenue boost.
So, yeah, tracking avocados (and every other SKU) can be a big deal.
🎥 Watch the full episode to see how inventory accountants are shaping smarter business decisions:
Explore PwC's Accountants have impACCT video series.
