Product Shrinkage Prevention
Product shrinkage means stock is lost before it can be sold. It may happen through theft, damage, expiry, waste or mistakes.
Track damaged and expired items
Do not ignore damaged or expired stock. Record it so the stock difference is explained.
Improve storage
Good storage reduces damage, breakage and spoilage.
Control staff access
Only authorised people should remove or adjust stock.
Review high-risk products
Small, valuable or fast-moving items should be checked more often.
Reducing shrinkage helps protect both stock and profit.
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