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What is Inventory shrinkage?

What is Inventory shrinkage?

  • Subhankar
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  • 1 Answers
1 Answers
  • Inventory shrinkage is the excess amount of inventory listed in the accounting records, but which no longer exists in the actual inventory. Excessive shrinkage levels can indicate problems with inventory theft, damage, miscounting, incorrect units of measure, evaporation, or similar issues...


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