The Top Sources of Retail Shrinkage
There are three top causes of shrinkage. Administrative errors, such as errors in pricing, bad record keeping, or cash counting mistakes can all add up over time and cause a great deal of loss. Employee theft is another common cause of shrink. In fact, it accounts for almost half of all retail shrinkage
An effective strategy to lower shrink level is to implement a loss prevention plan that includes a Loss Prevention Officer.
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