Retail Shrinkage in Singapore: 2-5% Loss = SGD 20K-50K/Year Per Store
Cosmetics store SGD 1M stock value. Physical count vs system: SGD 30K missing (3% shrinkage). Theft: SGD 18K. Spillage/breakage: SGD 8K. Unrecorded damage: SGD 4K. Impact: profit margin drops from 25% to 22% (SGD 30K cost). AskBiz daily inventory alerts: "Expected SGD 50K stock, actual SGD 49.8K. Investigate."
5 min read