5 min read - Jul 31, 2024

How to Calculate and Reduce Inventory Shrinkage: Strategies for Protecting Your Profits

Inventory shrinkage is a significant challenge for businesses that rely on maintaining accurate stock levels. Shrinkage occurs when there is a discrepancy between the recorded inventory and the actual physical stock. Understanding how to calculate and reduce inventory shrinkage is crucial for improving operational efficiency and protecting profits. What is Inventory Shrinkage? Inventory shrinkage refers […]