Inventory Shrinkage – How to Reduce Stock Loss in Your Shop

Shrinkage is stock lost to theft, damage, expiry, or errors. Here’s how to reduce it.

Part of our inventory management guide.

Causes of Shrinkage

• Theft – Customer or staff
• Damage – Handling, storage, transit
• Expiry – Perishables not sold in time
• Errors – Wrong counting, wrong billing

Prevention Tips

1. Regular stock counts – Compare physical vs system; find discrepancies
2. Track expiry dates – Sell or discount before items expire
3. Secure storage – Lock high-value items; control access
4. Accurate billing – Double-check quantities and prices
5. Staff training – Proper handling and recording

Stockkeeper helps you track stock accurately and spot discrepancies. [Join the waitlist](/ “#waitlist).