🇦🇺Australia

Inventory Theft and Shrinkage

1 verified sources

Definition

Inadequate controls in inventory management expose sites to theft of tools, materials, and equipment, common in Australian construction retail with dispersed storage.

Key Findings

  • Financial Impact: AUD 10,000 - 50,000 per site annually in theft and shrinkage
  • Frequency: Weekly incidents in unsecured sites
  • Root Cause: Lack of real-time visibility and accountability protocols for high-risk items

Why This Matters

The Pitch: Australian garden equipment retailers suffer AUD 30,000+ yearly shrinkage. Automated tracking with QR/RFID prevents theft losses.

Affected Stakeholders

Warehouse Staff, Site Supervisor, 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.

Evidence Sources:

Related Business Risks

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