Inventory Shrinkage

Knowledge Center

Dictionary
FAQ
Zoom
More
App Ask a question about management Reviews
Log in

Summary, forum, best practices, expert tips and information sources.

10 items • 37.273 visits

Welcome to this knowledge center. Here you'll find almost everything about Inventory Shrinkage:

Summary
Forum Discussions
Best Practices
Expert Tips
More...

Will you join us? It's free.

Summary

What is Inventory Shrinkage? Meaning.

Inventory Shrinkage is the difference between the booked inventory a company should have as a result of its sales, purchasing and manufacturing processes and the actual inventory it has on hand. It is an unplanned and unwanted loss of inventory.

Major sources of shrinkage include:

Theft by employees (shoplifting) or customers.
Inventory counting errors.
Accounting errors.
Fraud.
Loss and damage.
Perishability, detoriation.

Special Interest Group

Inventory Shrinkage Special Interest Group.

Special Interest Group (41 members)

Discuss

Forum about Inventory Shrinkage.

Start a new topic

🔥	NEW What is Let-size Inventory? What is let-size inventory? And what are the conditions which suggest to apply this type of inventory?... 7 1 comments

Best Practices

The top-rated topics about Inventory Shrinkage. Here you will find the most valuable ideas and practical suggestions.

Expert Tips

Advanced insights about Inventory Shrinkage. Here you will find professional advices by experts.

Information Sources

Various sources of information regarding Inventory Shrinkage. Here you will find powerpoints, videos, news, etc. to use in your own lectures and workshops.

Managing your Inventory: Quick Introduction to Just in Time, Stock Review and ABC Analysis

Basic Understanding of 3Inventory Management Techniques
This video gives a brief introduction to three popular Inventory Management Techniques: 1. JIT (Just in Time): Involve...

Research Links

Automatically jump to further useful sources regarding Inventory Shrinkage.