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Reducing Stock Loss & Shrink

Precautions and everyday measures to ensure the safety & security of stock

Includes;

  • Understanding & applying the law

  • Avoiding litigation

  • Shrink causes & financial effects

  • The cost of shrink & how it affects branch staff

  • Awareness of general security in branch

  • Areas at risk

  • The tree of loss - Theft, error & waste

  • Loss prevention & controls

  • Store walks

  • Management control measures

  • The right of search - Do's & don'ts

  • Understanding how shrink reduction is the quickest route to improving PBT

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People prevent shrink better than technologies or policy, and this effective course will show how to maintain a high level of security, keeping loss and shrinkage to a minimum.

 

You won't be able to "catch" your way out of shrink, so prevention is key. 

This module highlights some daily practices that will help reduce branch shrinkage.

Results have shown reductions in shrink of between 18% and 60%!!

 

The course ensures that staff are alert to the risks, and helps send a message that your store is not an easy target for shoplifters.

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Ideally, this course would be suitable for Branch Managers, Assistant Managers, Stock Controllers, or anyone with responsibility for the safety & security of branch stock.

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Learning Format: Classroom based or Webinar

Duration: 1 day

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