Inventory shrinkage

Inventory carrying costs (including cost of capital, depreciation, obsolescence, damage and shrinkage) at 25% the value of the inventory or 130 miUion... 

Shrinkage is a tenn for lost or damaged material that occurs while material is in inventory. Ary loss or scrapped material is a loss of value from the investments in the inventory and thus will not be able to return the value or investment. 

The holding cost per unit of product per unit time reflects the costs associated with carrying inventory. This marginal cost can include (1) the cost to finance this inventory or the opportunity cost associated with it, (2) the insurance costs against shrinkage or damage,... 

Cakici, O.E., Groenevelt, H. and Seidmarm, A., 2011. Using RFID for the management of pharmaceutical inventory - system optimization and shrinkage control. Decision Support Systems doi DOI 10.1016/j.dss.2011.02.003. 

While many researchers assume that demand is a function of price, Datta and Paul [42] consider the case where demand depends on both price and the existing level of stock (and thus the shelf space). This situation might occur in the fashion industry for perishable grocery items, and in these cases the demand would tend to increase with a higher stock level. Other researchers who consider demand as a function of price and inventory include Rajan et al [125] (with shrinkage and a different functional demand form) and Smith and Achabal [136] (clearance pricing of initial inventory with different cost assumptions). 

Inventory accuracy It refers to accurate statistics and status of the inventory. Inventory inaccuracy happens due to the inability of capturing transaction error, scanning errors, shrinkage errors, supply errors, thieves, and so on (Kumar and Rahman 2014)... 

Integrated software systems for matching shelf stock to expectations A software-based system that corrects shelf inventory levels based on actual product present (possible RFID solution). Identifies stock-outs from shrinkage or item misplacement. 6-Functional supply chain processes (source and make) X o o... 

A software-based system that corrects shelf inventory levels based on actual product present (possible RFIDsolution). Identifies stock-outs from shrinkage or item misplacement. 

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