Finance – Shrink

Illustration of a tablet monitoring company loss profits.

A drastic increase in shrinkage or shrink is something you should monitor as it could be a sign of a problem with your company’s operating practices which will result in a loss of profits. In this course, we will learn about shrink, how to calculate it, and the best practices for avoiding it.

This course has the following objectives:

  • Explain and define the meaning of shrink.
  • List ways to calculate shrink.
  • Identify best practices to prevent shrink.

Course Duration: 22m

Finance – Shrink

Illustration of a tablet monitoring company loss profits.

A drastic increase in shrinkage or shrink is something you should monitor as it could be a sign of a problem with your company’s operating practices which will result in a loss of profits. In this course, we will learn about shrink, how to calculate it, and the best practices for avoiding it.

This course has the following objectives:

  • Explain and define the meaning of shrink.
  • List ways to calculate shrink.
  • Identify best practices to prevent shrink.

Course Duration: 22m