Retail Dogma

Learn Inventory Management

Learn the basics of inventory management through the following resources

INVENTORY MANAGEMENT BASICS

Aging Inventory

What is Aging Inventory? Aging inventory is the inventory that has been received and trading for a long period of time (typically 6 months &

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Stock Obsolescence

What is Stock Obsolescence? Stock obsolescence happens when inventory has been sitting on a company’s books for a very long time (e.g 2 years) without

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Shrinkage: Stock Loss

Shrinkage is the inventory lost due to shoplifting, internal theft, damaged goods, or administrative errors done at retail stores. Every year, quarter or half year

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Ending Inventory

What is Ending Inventory? Ending inventory is the value of goods available for sale at the end of an accounting period, for e.g. at the

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