Indicative Product

Shrinkage

Purpose

Shrinkage is a 360, hands-on approach that enable Supermarkets to increase their turnover, by reducing losses and thefts, accounting faults, overage and the number of expired products.

Challenges

  • A supermarket chain, loses an average of 0.8% to 1.8% of its turnover on losses and thefts
  • 60% of losses remain unknown and unexplored
  • Reduction in turnover
  • Absence of appropriate methods of dealing with thefts
  • Absence of well-trained theft personnel

Methodology

  • Project preparation
  • Diagnosis of existing/current situation
  • Design of proposals
  • Implementation of proposals
  • Sustaining future situation

Benefits

  • Increase in turnover of 75% by eliminating internal and external thefts
  • Reduction in losses and thefts
  • Efficient and effective way of dealing with losses and thefts
  • Training from our established coaches