How to control shrinkage

Question

Accepted Answer

Shrinkage can be controlled through effective inventory management, employee training, and implementing security measures.

Implementing a robust inventory management system to accurately track and monitor stock levels.
Conducting regular inventory audits to identify discrepancies and potential areas of shrinkage.
Training employees on proper inventory handling procedures and emphasizing the importance of accuracy.
Implementing security measures such as surveillance cameras, access controls, and anti-theft devices.
Establishing clear policies and procedures for reporting and investigating any suspected cases of shrinkage.
Analyzing sales data and trends to identify patterns or irregularities that may indicate potential shrinkage.
Collaborating with vendors and suppliers to ensure accurate and timely deliveries.
Creating a culture of accountability and transparency within the department.
Regularly reviewing and updating inventory management processes to adapt to changing business needs and minimize shrinkage risks.

Accepted Answer

System quality aur physical quality ke difference ko shinkage

Accepted Answer

Will ensure at trail room management

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