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  2. Retail loss prevention - Wikipedia

    en.wikipedia.org/wiki/Retail_loss_prevention

    Non-malicious shrinkage can result from a number of operational failures within the business structure. The processing of returned or damaged stock, for example, can cause articles to be removed from inventory and discarded (which contributes directly to shrinkage) rather than sold at a discount, donated, returned to vendors for credit, or ...

  3. Shrinkage (accounting) - Wikipedia

    en.wikipedia.org/wiki/Shrinkage_(accounting)

    In accounting, shrinkage or shrink occurs when a retailer has fewer items in stock than were expected by the inventory list. This can be caused by clerical error, or from goods being damaged, lost, or stolen between the point of manufacture (or purchase from a supplier) and the point of sale. [1] High shrinkage can adversely affect a retailer's ...

  4. Carrying cost - Wikipedia

    en.wikipedia.org/wiki/Carrying_cost

    In marketing, carrying cost, carrying cost of inventory or holding cost refers to the total cost of holding inventory. This includes warehousing costs such as rent, utilities and salaries, financial costs such as opportunity cost , and inventory costs related to perishability, shrinkage , and insurance. [ 1 ]

  5. Master production schedule - Wikipedia

    en.wikipedia.org/wiki/Master_production_schedule

    Due to software limitations, but especially the intense work required by the "master production schedulers", schedules do not include every aspect of production, but only key elements that have proven their control effectivity, such as forecast demand, production costs, inventory costs, lead time, working hours, capacity, inventory levels ...

  6. Target CFO: Shrink, or retail theft, is still a significant ...

    www.aol.com/finance/target-cfo-shrink-retail...

    Inventory shrink, including retail theft, is still weighing on Target . In 2023, Target faced multiple headwinds, as tightening financial conditions dragged down its top and bottom lines.

  7. Safety stock - Wikipedia

    en.wikipedia.org/wiki/Safety_stock

    The size of the safety stock depends on the type of inventory policy in effect. An inventory node is supplied from a "source" which fulfills orders for the considered product after a certain replenishment lead time. In a periodic inventory policy, the inventory level is checked periodically (such as once a month) and an order is placed at that ...

  8. Target may have solved one of retail's biggest problems: Theft

    www.aol.com/finance/target-may-solved-one...

    Shrink can be the result of theft, damage, or poor record keeping, among other factors. In its second quarter report, Target's 28.9% gross profit margin beat estimates, up from 27% a year ago.

  9. Stock rotation - Wikipedia

    en.wikipedia.org/wiki/Stock_rotation

    Stock rotation is a way of mitigating stock loss. It is the practice, used in hospitality and retail, especially in food stores such as restaurants and supermarkets, of moving products with an earlier sell-by date to the front of a shelf (or in the cooler if the stored item is on repack so they get worked out before the new product), [1] so they get picked up and sold first, and of moving ...