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