How Retailers can Combat Inventory Shrinkage with Drone-Powered Warehouse Monitoring
Retail TouchPoints
JANUARY 10, 2024
According to the Corporate Finance Institute , “Inventory shrinkage occurs when the number of products in stock are fewer than those recorded on the inventory list. The discrepancy may occur due to clerical errors, goods being damaged or lost, or theft from the point of purchase from a supplier to the point of sale.”
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