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Inventory Shrinkage

A Loss Prevention Contribution to Reduce Out-of-Stocks

Out-of-stocks is one of the worst failures we can have in supermarket operations, causing huge dissatisfaction in customer service.

10 Common Characteristics of High-Shrink Retail Stores

Shrink isn’t a cause—it’s an effect. It’s an outcome that goes well beyond the concept of bad guys stealing from our stores. Taking action to build awareness and understanding is essential to the success of your business. Here are some common characteristics in high-shrink stores.
RFID technology in retail

Foundation of RFID Technology Yields Smarter Loss Prevention Strategy

Retail LP departments are finding RFID technology invaluable for identifying causes of stock loss and paving the path to smarter protection.

Developing a Total Retail Loss Approach | Ep. 46

This podcast makes the case for adopting Total Retail Loss strategy to enable retailers to find the true cost of retail loss.
Tally smart shelf

Innovative Technologies That Reduce Shrinkage and Risk to Increase Profits

Tally’s leadership has over 75 years of loss prevention technology development, sales, and marketing experience.
inventory record accuracy

Improving Inventory Record Accuracy

Why inventory accuracy matters for the business and why it should be on the loss prevention organization's agenda.

How to Calculate Shrinkage in Retail

Understanding how to calculate shrinkage in retail is important. However, understanding why it is important to control these results and how we can impact company profitability by both improving sales and controlling retail shrinkage is the key to success.

Identifying In-Store Inventory Issues Automatically

Inventory management underpins nearly every goal a retailer has, so executing effective management within the store is critically important.

Next Up for Retailers: Automatic Identification of Inventory Issues

When considering the problem of loss in a retail environment, it’s natural to first think about the register. After all, it’s where money changes...
Incident Reporting concept

Incident Reporting Best Practices: The Key to Moving Unknown to Known Shrink

How much of our shrinkage number is due to theft? How do you answer this question? Educated guess? Based on indicative feedback? Through deep data analysis? The “go to” tool to understand the answer to these questions, and move shrinkage from unknown into known shrink, is often the incident reporting tool.
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