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I applied via Walk-in and was interviewed before Sep 2021. There were 2 interview rounds.
Shrinkage can be identified through various methods.
Conducting regular inventory checks
Analyzing sales data and comparing it to inventory levels
Monitoring employee behavior and identifying suspicious activity
Installing security cameras and using surveillance footage to identify theft
Implementing anti-theft measures such as security tags or locks
Interviewing employees and customers to gather information
Tracking and inve...
Implemented various measures to control shrinkage
Conducted regular audits to identify areas of high shrinkage
Implemented strict inventory control procedures
Trained employees on theft prevention techniques
Installed CCTV cameras to monitor store activity
Collaborated with local law enforcement to prosecute shoplifters
Implemented a reward program for employees who report theft or suspicious activity
Shrinkage refers to the loss of inventory due to theft, damage, or errors.
Shrinkage can be caused by employee theft, shoplifting, administrative errors, or supplier fraud.
It can result in significant financial losses for a business.
Examples of shrinkage include missing inventory, damaged goods, and discrepancies in inventory records.
Loss prevention officers are responsible for identifying and reducing shrinkage in a re
Shrinkage can be controlled by implementing effective inventory management, employee training, and security measures.
Regular inventory audits to identify and address discrepancies
Implementing strict access controls and surveillance systems
Training employees on proper handling and reporting of inventory
Conducting background checks on new hires
Implementing anti-theft measures such as security tags and locks
Collaborating ...
There are several ways to control shrinkage, including implementing security measures, improving inventory management, and training employees.
Implementing security measures such as CCTV cameras, security tags, and access control systems
Improving inventory management through regular audits, accurate record-keeping, and proper storage
Training employees on theft prevention, customer service, and proper handling of merchan...
I applied via Referral and was interviewed in Jul 2022. There were 3 interview rounds.
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posted on 5 Jun 2024
Shrink control can be achieved through implementing security measures, training employees, conducting regular audits, and utilizing technology.
Implementing security measures such as surveillance cameras, alarm systems, and access control
Training employees on theft prevention techniques and the importance of reporting suspicious behavior
Conducting regular audits of inventory and financial records to identify discrepanci...
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Team Lead
152
salaries
| ₹1.2 L/yr - ₹4 L/yr |
Store Manager
99
salaries
| ₹2.2 L/yr - ₹11.6 L/yr |
Assistant Manager
95
salaries
| ₹3.3 L/yr - ₹11.2 L/yr |
Team Member
71
salaries
| ₹0.9 L/yr - ₹2 L/yr |
Senior Executive
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salaries
| ₹2 L/yr - ₹5.8 L/yr |
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