Definition Inventory Shrinkage. Description.
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:
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Theft by employees (shoplifting) or customers.
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Inventory counting errors.
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Accounting errors.
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Fraud.
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Loss and damage.
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Perishability,
detoriation.
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In the forum section you will find recent discussions within this knowledge area.
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In the best practices section you will find the best forum discussions within this knowledge area.
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In the expert tips section you will find advices from experts within this knowledge area.
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In the Resources section you will find powerpoint presentations, micro-learning videos, articles, news items, etc. within this knowledge area.
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Managing your Inventory: Quick Introduction to Just in Time, Stock Review and ABC Analysis
Basic Understanding of 3Inventory Management Techniques...
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News about Inventory Shrinkage
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Videos about Inventory Shrinkage
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Presentations about Inventory Shrinkage
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Books about Inventory Shrinkage
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More about Inventory Shrinkage
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Special Interest Group Leader
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