Improving Financial Shrinkage
Finance feels the pain of shrink better than anyone else. From operational issues like open rings to outright theft by sweethearting, finance has the burden of accounting for each and every penny.
Shrink is a constant issue for finance. Understanding its impact on the bottom line is essential for every employee. In grocery, net income is typically under 2.00%. Controlling shrink and shrink reduction is imperative to the success of the company.
Agilence identifies the root causes of shrink including cashier fraud, operational inefficiencies and policy violations. Working with the CFO, Agilence sets the metrics to ensure that the solution is delivering real dollars back to the organization. The goal is simple, a $6 to $1 ROI in under a year.
Interested in learning how Agilence can help your CFO? Contact Us today.
