Inventory Shrinkage
Definition
Physical inventories reveal damaged, incomplete, or unlabeled parts due to poor tracking systems.
Key Findings
- Financial Impact: 2-5% annual inventory value (AUD 20,000+ for mid-size workshop)
- Frequency: Detected during annual physical counts
- Root Cause: No standardized part identification in manual systems
Why This Matters
The Pitch: Vehicle maintenance firms in Australia lose 2-5% of inventory value annually to shrinkage. Digitized tracking with composite codes prevents these losses.
Affected Stakeholders
Inventory Auditors, Warehouse Staff, Managers
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
Excess Inventory Costs
Repair Downtime Losses
Rework Labour and Parts Waste
Comeback-Driven Customer Loss
Delayed Payments from BNPL Financing
Lost Sales from Payment Friction
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