Inventory Shrinkage Losses
Definition
Multiple vendors and manual receiving in procurement increase shrinkage risk during storage and install.
Key Findings
- Financial Impact: 1-5% of annual inventory value (industry avg 2% = AUD 20,000+ for AUD 1M procurement)
- Frequency: Ongoing; peaks during high-volume deployments
- Root Cause: No serialised tracking from PO receipt to installation/disposal
Why This Matters
The Pitch: IT companies in Australia 🇦🇺 lose 1-2% of inventory value annually to shrinkage. Automated tracking from procure-to-dispose secures assets.
Affected Stakeholders
Warehouse Staff, IT Admin, Procurement 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
GST Non-Compliance Fines
Superannuation Guarantee Shortfalls
Payroll Tax Threshold Breaches
E-Waste Disposal Non-Compliance
ATO Audit Failures from Poor Asset Documentation
Manual Inventory Reconciliation Delays
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