Controlling Shrink by Monitoring Sales Reducing Activities (SRAs)
Sales reducing activities (SRAs) indicate where retail shrink may have taken place, but they can also be used as an early indicator of future retail shrink, too. Monitoring sales reducing activities is attractive for many reasons, including:
- They are identifiable with analytics
- They can be indicators for both intentional and unintentional loss
- They are controllable through policy, procedure, and systemic changes
- Remediation delivers ongoing profit protection
- Remediation of sales reducing activities offers an improved shopping experience
Take a broader look in this white paper at the importance of identifying sales reducing activities in the short-term, using retail data analytics, before it greatly impacts your net sales.