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Inventory Shrinkage
According to National Retail Security Survey (NRSS), published in 2002, sources of inventory shrinkage are attributed to four sources: administrative error, employee theft, shoplifting, and vendor fraud.
The pie chart to your right shows percentage numbers that are strictly educated guesses and are formulated based on retailers. These educated guesses are the single best source of information that one can obtain regarding where missing inventory most likely ends up.
As you see, employee theft shows as the highest cause to inventory shrinkage. What can you do to minimize this?
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32% Lifting
15% Administrative Error
05% Vendor Fraud
48% Employee Theft
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There are various loss prevention strategies available. However, security surveillance is a very powerful tool that isn't being used at its fullest capacity. At Tele Express, we can help you maintain that "bottom line" utilizing Toshiba's latest and greatest technology.
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contact us for more information