Most retail businesses take a physical inventory of stock only once or twice a year, and when the count is completed, the difference between the inventory on hand and what it should be according to purchase and sales records is called “shrinkage” (I’m going to pass on the puns for this one…).  Shrinkage is due to employee theft, shoplifting, and paperwork error, pure and simple.

Click here to read the entire article by Jim Hawkins on Windward’s Main Site


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