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Welcome
Best Practice Checklist
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Month 1
Report Packet
Count Sheets
Track Count Sheet Progress
Master Exception Report
MEGA Report Intro
Month 2
OL & PL Preview
Count Sheets
Track Count Sheet Progress
Office Exceptions Report
Assortment Report
Month 3
Count Sheets
Track Count Sheet Progress
Floor Exceptions Report
Closeout Management
Month 4
Count Sheets
Track Count Sheet Progress
RAD In Stock
Month 5
Count Sheets
Track Count Sheet Progress
Shrink Report
Month 6
Count Sheets
Track Count Sheet Progress
Back Stock Replenishment
Best Practice Checklist
Operational Level
Level 0 - Completion
PIP Overview
Count Sheets
Understanding Completion
Maintaining Inventory Accuracy
Track Count Sheet Progress
How to Count
Level 1 - IRA
Understanding IRA
IC Role
PIP Research
Skills Training
Eagle System Settings
Count Sheets
Shooting Outs
Cashier Testing
Back Stock Purge
Store Floss
Monitor IRA
Full Count
Level 2 - Dollar Accuracy
Understanding Dollar Accuracy
Fix Boundary Issues
Monitor Dollar Accuracy
Level 3 - Shrink
Understanding Shrink
Excluded Shrink
Variance Research
Variance Worksheet
Monitor Shrink
Level 4 - Efficiency
Understanding Efficiency
Monitor Efficiency
Counting Process Review
Productivity Level
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Feb - Delete Report
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Oct - Cashier Testing
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Retail Analytics Dashboard
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Report Example - ARMA
Closeout Management
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COM
Obsolete
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In Stock
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Eternal Outs
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Store Closeout Assortment
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Master Exceptions
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In Stock - Ace Min OP Listing
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In Stock - Days Zero
Example - Days Zero
In Stock - Order Point Reduction
In Stock - ROP Protect = Y
Low Stock Check
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MDR Store Closeout N
Missing Store Closeout
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Receiving Issues
Retail less than Cost
Placeholder SKUs
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Special Fee Codes
Store Closeout = U
Top Promotions and Discounts
XX Count Type - Store Closeout Check
Zero Max Stock Level
Shrink Report
Variance Worksheet
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Excluded
Totals
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Transfer Report
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Elasticity Analysis
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Show Buying Report
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Case Study: OL0 & PL0
Count Sheets
Data Import: Location Code Exceptions
Help Center Overview
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Excel Tips & Tricks
Epicor Level 28 Count Sheet Progress
Epicor Level 28 Integration Setup
Maintaining Inventory Accuracy
Online Reports
Purge Back Stock
RAD - Assortment
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Store Flossing
Shrink & Efficiency Trend
Show Buying Report - Acenet
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What is Mango Report?
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Closeout Management
Operational Level 0 - Completion
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WWS 24 - IRA
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WWS 24 - MEGA Report 101
Reference
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Mango Report API
Moving API Time
Cashier Testing
Count Sheet Count Types
Common Jargon
Daily Metrics
Location Codes
Back Stock Location 3
Secondary Locations
Printing Bin Labels
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Scheduling Negative QOH Report
Shooting Outs
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Excluded Shrink
The Stella Report
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Reference
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Excluded Shrink
>
HA - Excluded Shrink
Mango will exclude certain categories when measuring your
Operational Level 3 - Shrink
metric. SKUs classified below will be separated from your adjusted shrink listing and placed in the excluded section of your
Shrink Report
.
Adjusted Shrink vs. Excluded Shrink
Separating shrink into two baskets (excluded and adjusted) allows for more focused variance research and more meaningful and consistently measured shrinkage from period to period and store to store. The goal is to remove noise, expected, and controlled variances (which can sometimes be overwhelming) to leave an adjusted listing of variances caused by theft, breakage or where the cause is unknown.
Excluded shrinkage covers noisy classes where there is little procedural consistency from store to store, where shrinkage is controlled or expected such as closeouts and live goods, or where shrink is offset by sales to dump SKUs.
Adjusted Shrink
Excluded Shrink
Theft
Bulk Goods
Breakage
Closeout
Unknown
Live Goods
Lumber
Store Supplies
Both adjusted and excluded shrink are listed (separately) in your
Shrink Report
, but the adjusted portion is only used in your
Operational Level 3 - Shrink
metric.
Print the
table below here.
Excluded Shrink Classifications
Category
Class
Fineline
Other
Notes
Fasteners
561, 564, 566, 578, 580
- -
- -
If your store classifies fasteners differently (Class HIL for example) then Mango will not pick these up as Excluded unless there is
a SKU
match to Ace's catalog.
Store Supply
- -
- -
Location 1 = STORE
SKUs with a Location Code of STORE or where
a SKU
matches Mango's internal Store Supply database will be treated as Excluded.
Consider utilizing Credit PO's (or Keep Stock Info=N) to minimize shrinkage noise.
Coupon
- -
- -
- -
SKUs with Coupon signatures are treated as
excluded
shrink.
SKUs flagged with Coupons signatures are shown in your Exceptions.pdf report (Store Supply and Coupons, usually page 2).
Lumber
- -
- -
Record Type = L
Shrink to L - Lumber SKUs is treated as Excluded due to the amount of noise in this category. Lumber enabled stores can find Record Types in the upper-left corner of Inventory Maintenance.
Live Goods
752
- -
- -
Live goods can have significant shrinkage which is expected in this category.
Keep Stock = N
- -
- -
IMU Codes Tab
When
a SKU's
Keep Stock Info status is changed from Yes to No and the SKU had a QOH value, the
loss in inventory value
is shrink
. Your Eagle system will not list the SKU in RPH but Mango will pick up the variance and list it as excluded.
Store Closeout = Y
- -
- -
IMU Codes Tab
Shrink due to closeout activity is treated as excluded.
Rental
--
--
Location 1 = RENT
Rental SKUs are treated as excluded shrink.
Bulk - Keys
510
- -
- -
If your store classifies keys differently (Class KEY for example) then Mango will not pick these up as Excluded unless there is
a SKU
match to Ace's catalog.
Bulk - Glass
151
- -
- -
Bulk Goods tend to be noisy and shrink is offset by sales to a corresponding dump SKU.
Bulk - Acrylic
152
- -
- -
Bulk - Wire
310
- -
- -
Bulk Goods tend to be noisy and shrink is offset by sales to a corresponding dump SKU.
Bulk - O-rings
404
- -
- -
Bulk - Tubing
466
- -
- -
Bulk Goods tend to be noisy and shrink is offset by sales to a corresponding dump SKU.
Bulk - Plastic Pipe
478
- -
- -
Bulk - Screen Repair
546
- -
- -
Bulk Goods tend to be noisy and shrink is offset by sales to a corresponding dump SKU.
Bulk - Chain
570
- -
- -
Bulk - Nails
573
- -
- -
Bulk Goods tend to be noisy and shrink is offset by sales to a corresponding dump SKU.
Bulk - Window Screen
575
- -
- -
Bulk - Rope
762
- -
- -
Bulk Goods tend to be noisy and shrink is offset by sales to a corresponding dump SKU.
Loc6:MGOEX
- -
- -
Location 6 = MGOEX
Setting a SKU's Location 6 to MGOEX will treat all shrink to the SKU as excluded. This setting can be used to classify a range of SKUs in your store if the above classifications are not suitable for your organization.
Stop Sale
- -
- -
- -
SKUs with active recalls or vendor stop sale notices are treated as excluded. Ideally, these items would be removed from inventory via a credit PO since a credit is typically issued from the vendor.
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