Wastage Tracking – Reduce Loss from Damaged and Expired Stock

Wastage eats into profit. Track it to reduce it.

Part of our inventory management guide.

Types of Wastage

• Expiry – Dated items not sold in time
• Damage – Broken, leaked, damaged in transit
• Theft – Shoplifting, staff pilferage
• Miscount – Recording errors

How to Track

1. Log every write-off with reason
2. Category: expiry, damage, theft, other
3. Weekly/monthly totals
4. Compare to sales – wastage as % of revenue

Reduce Wastage

• FIFO for perishables
• Better handling and storage
• Security for theft-prone items
• Inventory shrinkage prevention

Expiry countdown calculator. Stockkeeper helps spot slow movers. [Join the waitlist](/ “#waitlist).