Loss Prevention Supervisor
Loss Prevention Supervisor Interview Questions and Answers
Updated 14 Aug 2024
Q1. What is the shrink percentage
Ans.
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%.
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