More accurate stock counting

One major retailers shrink problem

Case Study 2:

WIS highlighted one major UK retailer’s shrinkage with staggering results.

With yearly industry sales of £500,000,000, the retailer was expected to lose £7,644,000 (1.4%).

What were they actually losing? £16,380,000 (3%).

By involving the retailer’s internal field management, WIS promoted cost reduction and understanding.

We created an initial pilot scheme to target the highest risk stores.

After evaluating the shrink numbers, we developed a store programme involving monthly project meetings maintaining and reviewing the programme’s impact.

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Use our stocktake costings calculator and find out how much time and money you could save by counting on WIS for your inventory services.
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