How can you reduce inventory shrinkage in your warehouse operations?
Inventory shrinkage is a persistent issue in warehouse operations, leading to lost profits and inefficiencies. It refers to the loss of inventory that can occur due to theft, damage, or errors in processing. As someone who oversees a warehouse, you understand the importance of mitigating these losses. By implementing strategic measures, you can significantly reduce shrinkage and improve the bottom line. Let's explore some effective strategies to keep your inventory intact and your operations running smoothly.
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Dr. Imad AliIIM Certified || Supply Chain Profession || Professor & Area Chair - Operations and Supply Chain Management at GIMS ||…
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kassim hamdanOperations manager/ SCMP, SCS,FSPCA,HAACP
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Michael SchefrenCustomized Warehousing, Shipping, and Fulfillment Solutions for Businesses | VP at Noamex, Inc | Noamex.com | Logistics