¿Cómo se pueden utilizar los datos para evitar la merma de inventario?

The aspect that makes it so hard to achieve good inventory results is the fact that it is not mesured with high frequency. In comparison with write-offs or productivity for which usually there is a daily or weekly KPI, which allows you to take quick and targeted decisions right away. In conclusion, for reducing inventory losses you need to have a control tool, so you remain informed about what is happening with your stocks between two inventories.

1. Real-time Tracking: Employ systems for live inventory monitoring. 2. Data Analytics:Analyse sales and inventory data for patterns and irregularities. 3. Employee Training:Train staff and monitor performance to reduce errors. 4. RFID Technology:Implement RFID for accurate and automated inventory tracking. 5. Security Measures:Identify high-risk areas and use security measures like cameras and access controls.

Tracking inventory levels should not only be done bi annually or annually at stock take time. This should be done weekly with head office and store teams working together. Creating an SOP gor this will optimise results. Never presume that deliveries are correct either and the more s tesm can check each others work the better.

To prevent inventory shrinkage, leverage data-driven strategies. Implement inventory tracking systems to monitor stock levels in real-time. Analyze historical sales data to forecast demand accurately, avoiding overstocking or stockouts. Utilize RFID or barcoding for precise inventory control. Conduct regular audits and reconcile discrepancies between physical and recorded inventory. Implement employee training programs to reduce errors and theft. Use data analytics to identify patterns in purchasing and sales, aiding in fraud detection. Collaborate with suppliers and employ just-in-time inventory practices based on demand trends. Continuous data monitoring helps proactively address shrinkage issues, ensuring optimal inventory management.

To keep a good stock balance there is few key 🔑 point: # weekly basis stock update # Analyze the stock availability like : NOOS / Best seller / Cut size / slow moving / aged merchandise. # Replenish the stock by sale contributions by product category. # Slow moving fast forward or intertransfer . # Accessories and other items contribution check . # POS stock and physical inventory check. Thanks

Analyze real-time sales data using POS systems and inventory software. Apply statistical methods and trend analysis to identify peak sales, popular products, and customer preferences. Adjust inventory levels accordingly for high-demand items. Use predictive analytics on historical data to anticipate future sales trends, minimizing the risk of stockouts or overstock. Implement anomaly detection algorithms to swiftly identify irregularities in sales data, addressing potential theft or errors promptly. Collaborate with cross-functional teams to share data insights. update and refine data analysis techniques, adapting to market changes. Embrace technological advancements like machine learning and AI for enhanced accuracy.

Analyzing sales patterns and trends is key to preventing inventory shrinkage. Understand top-selling products and those prone to theft or damage. Segment customers and tailor offers. Optimize product mix, pricing, and placement to reduce shrinkage risks. 📊🔍🛒🔐

Missing sales can be an obvious indicator of stock shrinkige. You can monitor your sales perarticol regularly and make stock checks for products which do not sell for a certain period of time.

Utilize real time data to analyze sales patterns and identify products that may be more likely easy to steal or damage like cosmetics, medicines, wearables etc. Enhance the visibility of these items through strategic placement, security measures, or even bundling them with complementary products. This targeted approach minimizes the risk of shrinkage for specific items.

Uma gestão de logística valorizada pela empresa, valorizada pelos colaboradores, que tenham um sistema eficaz para gerir o que eu considero o coração da empresa, que é o depósito Central é fundamental. Um funcionário que trabalhe com excelência num depósito faz toda diferença, imagine uma equipe. A prática de analisar gráficos de vendas, Ter pelo menos uma pessoa designada para sinalizar ao gestor sobre a fluidez do estoque, com planilhas.

Using data-driven security measures is a crucial strategy to prevent inventory shrinkage. Analyze data to pinpoint high-risk areas, times, and theft methods in your store. Implement cameras, sensors, alarms, and guards based on these insights. Utilize data for staff training and monitoring to prevent internal theft or fraud. Enhanced security through data helps deter, detect shrinkage, and safeguard assets.

In Retail it is critical to always analyse what is happening in the front and the back of your store. Teams need to know that the Leadership team is always checking and double checking security and never been complacent. Sadly over the years u have seen too many opportunists from normal team members who for some reason succumb to putting their entire future at risk. Having great procedures in place will help like checking refunds and exchanges consistenly. Those who believe thar theft does not happen in their store are naive.

Security mesures are great, but you always have to pay attention not to hinder sales. After all the main objective of a retail business is selling. For example if you choose to protect a product from thefts by keeping it closed in a glass showcase instead of having it freely available to your clients, your sales will definitly go down for that product. Is it worth it? That is a question every manager has to answer himself and decide.

A implementação de medidas de segurança através de dados desempenha um papel crucial na gestão de estoques de uma empresa, especialmente no contexto da segurança cibernética e na prevenção de perdas relacionadas a possíveis ameaças.

Auditing processes is for sure a great way to understand what is going wrong, which is the first step towards making it function. Be carefull to monitor a process from the beggining to the end, only this way you will be able to understand it.

Inspect what you expect is the key . You might find more products or be able to implement better processes by taking a another look at the processes

Conducting regular audits of processes and procedures is an effective fourth method to prevent inventory shrinkage. Use data to assess inventory accuracy, efficiency, and compliance. Identify and eliminate sources of error, waste, or inefficiency in inventory management. Auditing improves operational quality, reduces shrinkage, and boosts profitability. 📈🔍📚💼

Benchmarking is crucial and you should always aim to beat industry standards. Excellence in a Store is anything less than 0.6% This is not easy and needs the team to work together to achieve this. Very often training is lacking on this discipline or it gets forgotten as its not given the priority it deserves. My philosophy has always been control the controllable elements of Retail. There is no point selling £10,000 if there is £1000 a day walking out of the store without being paid.

Benchmarking helps you understand where should you focus your resources. It is true at a store level, by comparing similar stores between them, but also at product category level (for example by comparing only fruit and vegetable losses between stores).

Benchmarking against industry standards and best practices is a fifth approach to prevent inventory shrinkage. Compare your shrinkage rate, sales volume, and profit margin with competitors and peers using data. Learn from other retailers' best practices and strategies. Benchmarking helps set realistic goals, monitor progress, and enhance results. 📊🏅📈🛍️

Encourage and value their feedback. Gen Z appreciates brands that listen and respond to their opinions, helping to foster a sense of community and loyalty. By incorporating these strategies into your marketing and sales approach, you can effectively connect with and sell to Generation Z.

Uma boa gestão de varejo também se faz com fornecedores e parceiros confiáveis. É interessante que se disponha de no mínimo 4 a fim de se evitar possíveis problemas com abastecimento por algum deles.