inventory shrinkage

Definition

Material or goods lost through deterioration, obsolescence, pilferage, theft, and/or waste.

Use 'inventory shrinkage' in a Sentence

Our company decided to install multiple cameras throughout the warehouse, install a climate control system, and hire security guards to counteract inventory shrinkage.

Due to the recent power outage in the area, the pizza business suffered a significant amount of inventory shrinkage from the loss of several products that required refrigeration.

John Smith's employment as Inventory Manager with ABC Company was terminated due to his failure to account for inventory shrinkage in the warehouse.

单词	inventory shrinkage
释义	inventory shrinkage Definition Material or goods lost through deterioration, obsolescence, pilferage, theft, and/or waste. Use 'inventory shrinkage' in a Sentence Our company decided to install multiple cameras throughout the warehouse, install a climate control system, and hire security guards to counteract inventory shrinkage. Due to the recent power outage in the area, the pizza business suffered a significant amount of inventory shrinkage from the loss of several products that required refrigeration. John Smith's employment as Inventory Manager with ABC Company was terminated due to his failure to account for inventory shrinkage in the warehouse.
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