Can physical unit tracking reveal both merchandise on hand and sold items?

Physical unit tracking involves monitoring the quantities of merchandise available and sold, which is an essential aspect of inventory management. By using physical unit tracking systems, businesses can gain real-time insights into their stock levels. This means they can see how many items are currently on hand, as well as how many have been sold over a certain period.

When implemented effectively, physical unit tracking provides comprehensive visibility over inventory, allowing businesses to adjust their purchasing and sales strategies based on the data collected. This is especially beneficial in retail operations, where understanding the flow of products can lead to improved sales forecasting and inventory control. Enhanced tracking capabilities often include methods such as barcode scanning or RFID technology, which streamline the inventory process and provide accurate data regarding both current stock levels and sales volume.

The other choices suggest limitations that do not align with the capabilities of standard inventory management practices. The assertion that physical unit tracking can only reveal information during specific sales events or requires advanced technology is not accurate, as fundamental tracking systems already provide this insight consistently.