Inventory Shrinkage – How to Reduce Stock Loss in Your Shop

Shrinkage is stock lost to theft, damage, expiry, or errors. Here’s how to reduce it.

Causes of Shrinkage

• Theft – Customer or staff
• Damage – Handling, storage, transit
• Expiry – Perishables not sold in time
• Errors – Wrong counting, wrong billing

Prevention Tips

1. Regular stock counts – Compare physical vs system; find discrepancies
2. Track expiry dates – Sell or discount before items expire
3. Secure storage – Lock high-value items; control access
4. Accurate billing – Double-check quantities and prices
5. Staff training – Proper handling and recording

Stockkeeper helps you track stock accurately and spot discrepancies. [Join the waitlist](/ “#waitlist).