Inventory Shrinkage

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Welcome to the “Inventory Shrinkage” knowledge center. Contents:

Summary
Special Interest Group
Forum Discussions
Best Practices
Expert Tips

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)

Forum

Forum about Inventory Shrinkage. Below you can ask a question about this topic, share your experiences, report a new development, or explain something.

🔥	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

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Best Practices

The best, 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...

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Special Interest Group

Special Interest Group

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