Track and analyze retail shrinkage trends, incident patterns, and recovery effectiveness across departments to minimize inventory losses and improve loss prevention strategies.
Monitor weekly shrinkage metrics, identify loss patterns across departments, and evaluate the effectiveness of loss prevention measures to reduce inventory shrinkage and maintain profitability.
Weekly trend analysis of total shrinkage value and rate
Questions to Consider:
How is overall shrinkage trending week-over-week?
Are there specific seasonal patterns emerging?
How does the current shrinkage rate compare to industry benchmarks?
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Breakdown of shrinkage by department and incident type
Questions to Consider:
Which departments are experiencing the highest losses?
What types of incidents are most prevalent?
Are there specific vulnerability patterns by department?
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Analysis of recovery efforts and apprehension metrics
Questions to Consider:
How effective are our recovery efforts?
What is the correlation between apprehensions and recovered value?
Are there opportunities to improve recovery rates?
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Analyze effectiveness of current loss prevention strategies in high-risk departments
Review staffing patterns in relation to incident timing
Assess employee training programs' impact on internal shrinkage
Evaluate security equipment placement and effectiveness
Review vendor compliance and delivery procedures
Analyze correlation between store traffic and shrinkage incidents
Review inventory management procedures in high-risk areas
Assess effectiveness of current security measures and technologies