More accurate stock counting
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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