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What are the possible reasons of Inventory shrinkage on a retail store?

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What are the possible reasons of Inventory shrinkage on a retail store?
posted Jan 20, 2018 by Tarun Bajpai

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I can see the following reason of the inventory shrinkage -
1. You are selling more then procurement is the prime reason of the inventory shrinkage.
2. Damage in the supply chain (Inventory may get crushed or dropped in the shipping or receiving process)
3. Theft in the store by customers or staff.
4. Inaccurate Records And Errors (one should always confirm that the quantity received agrees with the quantity ordered)

answer Jan 21, 2018 by Salil Agrawal
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