Tag: shrinkage loss


15 Best Practices for Inventory Loss Prevention

15 Best Practices for Inventory Loss Prevention

In April 2014, the ECR Europe Shrink and On-shelf Availability Group received a special award from ECR Europe to celebrate 15 years of the group and the delivery of an estimated €1.5 billion (~ $1.6 billion) in savings for the industry.

As Sir Terry Leahy, former CEO of Tesco, once said   Read More


The Link Between On-Shelf Availability, Sales, and Loss

The Link Between On-Shelf Availability, Sales, and Loss

You are driving to work as a supermarket supply-chain manager. The hot weekend weather has continued, it’s a lovely Monday morning, yet you’re surprised when your boss calls so early. Agitated, he shares how he just discovered from the CEO that all stores were reporting a massive sales loss because   Read More


Using Inventory Analysis to Untangle Fraud at 7-Eleven

Using Inventory Analysis to Untangle Fraud at 7-Eleven

According to the most recent data, the US retail industry loses nearly $60 billion annually due to shrinkage. As part of an increased focus on monitoring shrinkage loss, the University of Texas Master of Science in Business Analytics (MSBA) program partnered with 7-Eleven to better understand how fraudulent activity relates   Read More