Shrinkage rate

R295

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In 35 minutes you will work out shrinkage rate from book and physical stock values. You will also read shrinkage by cause: theft, damage, spoilage and paperwork errors. And you will set a regular count for the highest-risk categories.

SKU: PL-MCB-RET-33
Category:

Description

Who it’s for: Anyone in a store or a retail head office who has to answer one question: How much of the stock on your books is really on your shelves?

What happens in it: Watch the idea unfold: stock on the books, stock on the shelf, and the number that shows how much went missing. In Your call you make the decisions in a real case: my monthly profit has been slipping although sales are steady, so I ran a full stocktake. The books showed R850,000 of stock should be on hand. The physical count came back at R807,500. Then, in the boardroom, you make the case to Norris, the operations director, in three questions.

How it works: five scenes in about 35 minutes: the data film, the lesson, Your call, practice with fresh numbers that mark themselves, and the boardroom. Finish all five for your certificate. It is course 1 of 6 in the Waste, loss and returns season of the Retail series.

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