Collaborative Shrink Management

How to Leverage Scan-Based Trading to Mitigate Shrink at Retail

In the second whitepaper installment of the "Scan-Based Trading Series", iControl demonstrates how a collaborative approach to shrink management can be attained by leveraging the benefits of scan-based trading partnerships.

 

Collaborative Shrink Management

This whitepaper provides an overview of the ways retailers and vendors can partner to proactively manage and mitigate shrink, while also utilizing more collaborative reporting and a trusted SBT solution.

Key topics include:

  • Common mistakes supply chain partners make in shrink management

  •  Getting the process right to more accurately measure shrink

  • Reducing shrink effectively by evaluating exceptions

  • Benefits of shared shrink programs 

  • Creating a more effective SBT partnership  

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Harmony by iControl is used by thousands of retailers, suppliers and distributors to streamline their
Scan-Based Trading payments process.