Nov19
Retail shrinkage is the difference between book stock and actual stock. It is the unaccounted loss of retail goods. Its main causes are theft by employees, administrative errors, shoplifting by customers or vendor fraud. Rakesh Biyani, Director, Pantaloon feels that as India enforces the MRP system, the retailer has very little profit margin. Large retail […] ↓ Read the rest of this entry…
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