Fight inventory shrinkage

inventory-shrinkage

Why does it shrink? The first idea that pops into everyone’s mind regarding inventory shrinkage is that someone is stealing the goods. It could be some disgruntled or greedy warehouse worker(s), or dishonest customer(s) in your grocery store helping themselves to donuts when you are not looking. … [Read more...]

Why perpetual inventory systems make more cents

Perp-Inventory-thumb

Inventory consists of wholesale merchandise you resell and products you manufacture or assemble. You’ve got to keep track of these items, as they represent your future revenues. This means you must know how much you have of each item. You must also keep tabs on items lost through damage, spoilage, … [Read more...]