Inventory Shrinkage and Theft
Definition
Poor visibility increases asset loss risks; real-time tracking minimises shrinkage and ensures timely returns.[1][2]
Key Findings
- Financial Impact: 2-5% of inventory value annually (AUD 5,000-50,000 for typical SME)
- Frequency: Ongoing, peaks with high turnover
- Root Cause: Manual entry errors and no alerts for discrepancies
Why This Matters
The Pitch: Consumer goods rentals in Australia suffer 2-5% annual shrinkage losses. Automated tracking prevents theft and recovers AUD 10,000+ per site.
Affected Stakeholders
Warehouse Supervisor, Asset Manager, Loss Prevention Officer
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
Inventory Overstocking Costs
Asset Underutilisation Losses
Lost Sales from Stockouts
Delayed Accounts Receivable in Rental Accounts
Missed Invoicing and Billing Errors
Churn from Poor Account Visibility
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