Understand retail stocktaking inside out and know how to minimise the causes of stock loss in these businesses. To highlight some of the most common this infographic illustrates where some of your own losses may be felt.
Shoplifting cost UK retailers 613 million in the past year. Returns currently cost UK retailers 60 billion according to the FT.
UK retailers travel millions of miles each year – making the stock loss in transit and warehousing a common cause of stock loss.
High staff turnover can lead to a stock loss – more than 50% of employees work part-time and a third are under the age of 25 years old.
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