Tag: inventory control methods


Physical Inventory Control Methods

Physical Inventory Control Methods

“What is the single most important measure of the success or failure of your company’s loss prevention efforts?”

If you were to ask senior retail executives this question, the answer you would likely hear is, “Our shrinkage results.” This would not be surprising, as shrinkage affects profitability, shareholder return, resource allocation   Read More


Big Retail Inventory Losses Require Perspective

Big Retail Inventory Losses Require Perspective

Retail inventory losses are a fact of life in retail. When maintained at acceptable levels, they are simply the cost of doing business, much like payroll and other operating expenses. However, when shortage begins to inexplicably trend upward, whether on a store-by-store basis, or even across a chain, it becomes   Read More