🇮🇳India

इन्वेंटरी संक्षिप्तीकरण (Inventory Shrinkage)

1 verified sources

Definition

Manual processes in terminal inventory reconciliation allow for inventory shrinkage through theft or unauthorized usage, as highlighted by the need for automation to eliminate human interface.

Key Findings

  • Financial Impact: ₹1-2% of annual inventory value (industry standard for petroleum shrinkage); equivalent to ₹10-50 lakhs for mid-size terminal
  • Frequency: Daily during receipt/dispatch operations
  • Root Cause: Manual dip measurements and human intervention in stock accounting before TFMS-ERP integration

Why This Matters

The Pitch: Wholesale Petroleum terminals in India 🇮🇳 lose 1-2% of inventory value annually due to shrinkage. Automation of TFMS-ERP eliminates manual errors and theft risks.

Affected Stakeholders

Terminal Operators, Inventory Managers, Dispatch Supervisors

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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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