Identifying causes of inventory shortage (shrink) and implementing countermeasures have traditionally been part of the one-line job description of Loss Prevention executives. The success or failure of these hard-working professionals nearly always rests on the elusive shrink rate, despite the fact that all of the elements used to determine this calculation are outside the control of most Loss Prevention teams. In response, Loss Prevention executives are forced to focus their limited resources where they feel they can reduce the greatest amount of shrink in the shortest amount of time.
But are they selecting the right stores? You may be surprised.
To find the answer, click here to download
the Calibration Group’s most recent whitepaper:
Winning with High Shrink: New Rules for an Old Game