Estimate how much inventory shrinkage (theft, spoilage, damage) is costing your store each year.
Total sales for the year
Typical price of a single product
Annual Shrinkage Loss
$7,000.00
Monthly Loss
$583.33
Items Lost per Month
~73
at $8.00 each
Status
At or Below Average
Industry average: 1.4% for grocery. Above 2% = investigate immediately.
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