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BerichtGeplaatst: 22-05-2020 06:48:46    Onderwerp: Tim Beckham Mariners Jersey Reageren met citaat
>Looking for Low Budget Advertising Medium? Go for Commercial Vehicle Advertising
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What has been your store's shrinkage experience for the last two years? What will it be this year? If it has not been as good as it should have been, now is the time to analyze the possible causes and take steps to keep shrinkage in line this year.


WHAT IS SHRINKAGE?


The difference between the perpetual book inventory and the physical inventory count is called shrinkage. The book inventory is a record of what ought to be on hand in view of what has been received, what has been sold and price changes. Physical inventory count is the volume and value of all the goods actually on hand.


CAUSES OF SHRINKAGE


Shortages can and will occur at every point where merchandise changes hands or paperwork is created or processed. Proper systems with built-in controls must be put in place to eliminate or reduce these shortages. While there is not enough room to list all the specific causes of shrinkage, we will give several examples of each of the three general causes: paperwork errors, internal theft and shoplifting.


PAPERWORK ERRORS


Paperwork errors can happen almost anywhere in the merchandising cycle. For example:


* Marking goods at a price lower than the retail price recorded on the receiving record.


* Failure to record all markdowns.


* Miscounting physical inventory.


* Clerical errors causing the book inventory to be higher than it should be.


* Timing is of particular importance. When comparing the actual physical inventory count to the perpetual book inventory Tim Beckham Mariners Jersey , care must be taken to ensure that every invoice representing goods that have been received before the physical inventory count is included in the calculation of book inventory.


INTERNAL THEFT


While internal theft can be anything from taking merchandise to taking cash or store supplies, we will focus on those instances of internal theft that pertain to merchandise. Some examples are:


* Writing up a cash sales slip for merchandise but destroying the ticket after the customer leaves and pocketing the cash.


* Recording a false cash refund and pocketing the cash.


* Taking merchandise without paying for it.


* Extending unauthorized discounts or credit card refunds for friends.


SHOPLIFTING


Shoplifting can occur at any time. Anyone can be a shoplifter; a regular customer who never intended to steal but gave in to temptation and opportunity, or a seasoned professional.


OVERAGES


Although shortages are normally expected, it is not logical to have counted in the physical inventory more than the book figure indicates. Goods are stolen, but not donated to the store. Therefore Mallex Smith Mariners Jersey , overages are due largely to errors in record keeping, although they may be due to an employee trying to cover up the theft of merchandise. Some examples are:


* Recording markdowns without actually reducing prices on price tickets.


* Overstating the physical inventory.


* Including in the physical inventory count merchandise that has not yet been recorded in the book inventory.


HOW TO REDUCE SHRINKAGE


There are several factors that affect the reduction of shrinkage.


* Whether or not you have a stated shrinkage goal to work towards.


* Top management's commitment to reduce shrinkage. If top management gives shrinkage control top priority, it will invariably be redu. Cheap Hats Cheap Hats Cheap NBA Hoodies Cheap MLB Jerseys China Cheap Soccer Jerseys China Cheap NFL Jerseys China Cheap NFL Shirts China Cheap NBA Hoodies China Wholesale Jerseys Wholesale Hoodies
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