Abstract:
Stock shrinkage is one of the major drains on present day retail profitability. Management must take a more aggressive approach in order to reduce inventory shrinkage in the future. Internal and external theft and recordkeeping errors are the areas that cause inventory shrinkage. Internal theft and recordkeeping are the sections that offer the most hope for improvement. The controlled use of the computer to improve systems and to perform manual tasks is a possible solution.
Description:
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