Inventory Shrinkages

Created by Vernon Yerkess, Modified on Wed, 28 Feb at 11:18 AM by Ben Yerkess

Inventory Shrinkages


Inventory losses can occur from paperwork problems, IT issues, order processing errors, damage to inventory through mishandling and theft.


 

Our standard shrinkage allowance is 0.5% of volume of goods – therefore if you have 1000 units of stock, it is allowed that 5 units will be part of the shrinkage allowance. Anything over this amount will be absorbed by lama fulfilment.


 

We calculate this on a quarterly timeframe based on actual cost of goods.


 

We are not responsible for the negligence of your customers, yourselves, agents, or shipping customers in handling inventory.

 

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select at least one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article