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The Role of a Physical Inventory Counting Company in Reducing Shrinkage | #physical inventory counting company

The Role of a Physical Inventory Counting Company in Reducing Shrinkage

The Role of a Physical Inventory Counting Company in Reducing Shrinkage

Shrinkage refers to the loss of inventory due to various factors such as theft, damage, administrative errors, or supplier fraud. It can occur in retail, warehouses, and manufacturing settings. Shrinkage directly affects profitability as it represents lost revenue and additional costs.