Loss Prevention Supervisor Interview Questions and Answers

Shrink percentage is the ratio of total inventory lost due to theft, damage, or errors to total sales.

• Shrink percentage is calculated by dividing the total value of inventory lost by the total sales and multiplying by 100.

• It is an important metric for retailers to track as it indicates the efficiency of their loss prevention efforts.

• For example, if a store loses $10,000 worth of inventory and has $500,000 in total sales, the shrink percentage would be 2%.