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Home > Operational Level > Level 3 - Shrink

Operational Level 3 - Shrink (twelve-month average, -0.5% to +0.1%  goal)

 

Mango's Level 3 - Shrink metric is the ultimate all-encompassing operational gauge.  It's best measured when Operational Level 0 - Completion , Level 1- IRA, and Level 2 - Dollar Accuracy have been satisfied—ensuring your store's basic operations, accuracy, and inventory value are ready to tackle shrink. 

     Overview

     Why is monitoring shrink important?

     Shrink vs. IRA

Print the Operational Level 3 - Shrink Checklist here

Operational Level 3 - Shrink Checklist
Task Date Completed
Month 1 __________
     Understanding Shrink
     Excluded Shrink
     Variance Research
     Shrink Report - Variance Worksheet
     Monitor Shrink MTD    |    TTM
Month 2 __________
     Variance Worksheet
     Monitor Shrink MTD   |    TTM
Month 3 __________
     Variance Worksheet
     Monitor Shrink MTD   |    TTM
Month 4 __________
     Variance Worksheet
     Monitor Shrink MTD   |    TTM
     If your MTD Shrink % is trending outside of Mango's
     target of -0.5% to +0.1% then contact us.


Next Step - Understanding Shrinkage