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inventory shrinkage

Definition

Material or goods lost through deterioration, obsolescence, pilferage, theft, and/or waste.

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Nearby Terms

inventory planning
inventory process
inventory profit
inventory record
inventory remarketing
inventory reserve
inventory shrinkage
inventory to cost of sales ratio
inventory to cost-of-goods sold (COGS) ratio
inventory to working capital ratio
inventory turnover
inventory usage
inventory value

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efficiency wage

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