Where do you go for the last 4 years of shrink
the Rot
WHERE IS FERNANDOS GO TO FOR COFFEE
McDonald
You can review live alerts with this tool
IRR rollup
How can loss occur inside the building by an associate, if not done properly
Price changes,on-hand adjustments availability
What does ISA stand for
In-stock assistant
This tool should be reviewed monthly but can also be reviewed monthly but can also be reviewed during the current month to ensure accurate inventory control
IRR
We all know what Bob and Lisa means, but what does MITCH stand for
Merchandise in the customers hand
This person is the best pickleball player in the room
COACH CJ
This type of shrink alert happens after an item is nil picked
ISA alert
Besides sales, what is another way product leaves the building that could cause shrink id not done properly
MTR, claims
Scanned out stolen impacts book,SKU, or both
SKU
When reviewing the IRR, what are possible red flags that you should be looking for (Book vs SKU gaps, book
Inventory growth
What are ways that a sco host shows shows they are engaged
scan and go, Spark, Bob, Lisa
This report gives you a current snapshot of purchases, sales, m/d’s & book vs. SKU
IRR rollup
The DSD dashboard analyzes this
Vendor accuracy
What are indications of theft in an area
outs w/on-hands, empty packaging
Shrink provision is the amount you are charged monthly based on how many years of inventory
2
This happens when an item is shipped to the store, but it has an incorrect shipping label
Mispicks
What are the primary purposes of Vizpick
Fill side-counters, locate merchandise, reduce inventory
What is the main goal of the end of the day receiving process
To verify all deliveries are verify all deliveries are verified, accurate and finalized
Which report will show if your front end team is opening the number of staffed lanes that we are providing hours for
Staffed lane opening
Part of the overstock validation and top stock work is to update what
On-hands & shelf capacity
What is the purpose of a return audit at the service desk
to validate returned merchandise and prevent fraudulent
Provision for shrink impacts what part of the P&L
Gross Profit
When touring for shrink in fulfillment what should you be looking for
Key Controls, personal belongings, claims processing, quality checks