What is the meaning of INVENTORY SHRINKAGE?

INVENTORY SHRINKAGE is a reduction in the physical amount of inventory that is not easily explainable. The most common cause of shrinkage is theft.

Barry Goldsmith
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APABarry Goldsmith. (2010). inventory shrinkage. Retrieved September 23, 2026, from http://smartdefine.org/inventory_shrinkage/definitions/1156468
ChicagoBarry Goldsmith. 2010. "inventory shrinkage" http://smartdefine.org/inventory_shrinkage/definitions/1156468 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, inventory shrinkage, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/inventory_shrinkage/definitions/1156468>.
MLABarry Goldsmith. "inventory shrinkage" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/inventory_shrinkage/definitions/1156468>