Shrinkage Log: Controlling breakage and theft in retail
In retail, what isn't measured isn't controlled. Products break, expire, or vanish. Jestor Forms allows the store manager to log the loss the moment it happens, feeding the "Loss Prevention" metric.
Reason Classification
The form forces a reason:
- "Expired" (Poor inventory management).
- "Transport Damage" (Logistics fault).
- "Identified Theft" (Security). This generates data to attack the root cause.
Photo Evidence
To throw a product away, you must prove it. The system requires a photo of the damaged product before deducting from inventory. This prevents internal fraud.
Frequently Asked Questions (FAQ)
Does it update inventory? Yes. Upon submitting the form, the item is deducted from sales stock and added to the "Losses" account.
Does the owner get alerted? Yes. If the loss is high value (e.g., electronics), the owner gets an immediate alert.
Does it work for restaurants? Yes, to log kitchen waste (e.g., burnt food, spoiled ingredients).
Conclusion
With Jestor Forms, you identify where your profit is leaking and take corrective action.
Control your losses:https://jestor.com/forms/