Shrinkage, the loss of inventory due to theft, fraud, errors, or damage, is a significant challenge for retailers globally. Beyond its direct impact on profitability, shrinkage disrupts operational efficiency, undermines customer trust, and threatens long-term business sustainability. For retailers, effective shrinkage management is vital to optimizing inventory control, safeguarding investments, and creating a secure and reliable shopping environment.
Proactive strategies, powered by advanced technologies, are reshaping how retailers address shrinkage. AI-driven surveillance, inventory tracking systems, and loss prevention software are helping businesses mitigate shrinkage and maintain customer convenience. These technologies reduce losses and enhance product availability and pricing consistency, which are vital for fostering customer loyalty.
In this report, we examine key trends and prominent providers in shrinkage management. The report offers actionable insights to help retailers implement effective solutions and thrive in an increasingly dynamic and competitive marketplace.
Scope
Industry: retail
Geography: global
Contents
In this report, we:
Define shrinkage and its impact on retailers and the value chain
Identify key contributors, highlighting practical use cases for effective shrinkage management
