Inventory Shortage (Shrinkage) refers to the unexplained difference in inventory between a physical count and the amount recorded, caused by factors such as theft or normal evaporation of liquids.
Scalage refers to the percentage deduction granted in business dealings with goods that are prone to shrinkage, leakage, or other variations in the amount or weight originally stated.
Comprehensive guide on Shrinkage including definitions, types, examples, and historical context across various industries.
A comprehensive guide to shrinkage in business, exploring its definition, causes, impact, and strategies for prevention.
