Inventory Management Returns Shrinkage 
Small Biz Trends
JULY 22, 2025
Streamlining retail workflow and inventory management is essential for enhancing efficiency and profitability. By unifying inventory data on a single platform, you can track stock levels in real-time, reducing errors and saving time. With automation, you streamline ordering and focus on more strategic aspects of your business.
Inside Retail
MAY 5, 2025
This reduces returns, builds customer trust, and improves forecasting. Enhanced inventory accuracy also leads to fewer markdowns, lower storage costs, and less waste, directly contributing to improved EBIT. Shrinkage remains a significant issue, often exacerbated by limited visibility across the supply chain.
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Retail Minded
MARCH 20, 2025
Theft and Organized Retail Crime Retail theft continues to be a significant issue with significant shrinkage in inventory. In 2023, the inventory deficit was projected to be around 2% of net sales, notes The Wall Street Journal. The loss, due to the shrinkage, reached $142 billion in 2023, a 25% increase from the previous year.
Retail Customer Experience
JULY 17, 2025
While other vendors focused on flashy demos, Corvus stood out because their drones actually counted inventory. Corvus Robotics is an autonomous inventory management system built on an AI world model. Thats what we needed— not just a show/verify, but real data," said Monk.
I Vend
FEBRUARY 6, 2023
This lack of inventory costs retailers an estimated up to 8% of revenue in lost sales. iVend Retail Inventory Management Inventory management drives store efficiency and customer experience. Read about iVend’s smart retail technology for inventory management.
Inside Retail
SEPTEMBER 3, 2024
Inventory management Predictive analytics: This helps optimise your stock levels, preventing overstocking and stockouts. Loss prevention: AI combats retail shrinkage also, by integrating computer vision and motion analytics at self-checkouts, detecting suspicious activities and ultimately reducing theft.
Retail Assist
OCTOBER 16, 2024
For growing retailers, managing inventory effectively is crucial to customer satisfaction, operational costs and growth potential. This can easily lead to stockouts, excess inventory and other issues that affect both profitability and reputation.
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