Inventory Shrinkage Toolkit

Save time, empower your teams and effectively upgrade your processes with access to this practical Inventory Shrinkage Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any Inventory Shrinkage related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Inventory Shrinkage specific requirements:

STEP 1: Get your bearings

Start with...


• The latest quick edition of the Inventory Shrinkage Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.


Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…


• Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation


Then find your goals...

STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 998 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Inventory Shrinkage improvements can be made.

Examples; 10 of the 998 standard requirements:


1. What happened to the extremely successful practice of surprising the customer with an impromptu offer to get a once in a lifetime chance to buy something for a fraction of its regular price?
   
   

2. Will the new generations of self scan users be better equipped to exploit the system as experience and confidence grows?
   
   

3. How do you tackle traditional store operational risks, as inventory shrinkage, under the new, disrupted environment?
   
   

4. Is there a minimum number of packages that you must be shipping to be able to fulfill through your organization?
   
   

5. When you are running reports, would it help to know what group of customers is generating the most sales?
   
   

6. Have amended sales and use tax returns been filed during the audit period, and if so, for which periods?
   
   

7. What is the risk of the fulfillment organization going out of business, & taking your inventory with it?
   
   

8. Is the product likely to be stacked or put in delivery containers and if so, will it remain undamaged?
   
   

9. How often do other organizations conduct reviews of loss prevention strategies, tools and techniques?
   
   

10. How does the buyer now control that merchandise flow to keep the inventories on plan as sales occur?
    
    


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:


• The workbook is the latest in-depth complete edition of the Inventory Shrinkage book in PDF containing 998 requirements, which criteria correspond to the criteria in...


Your Inventory Shrinkage self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:


• The Self-Assessment Excel Dashboard; with the Inventory Shrinkage Self-Assessment and Scorecard you will develop a clear picture of which Inventory Shrinkage areas need attention, which requirements you should focus on and who will be responsible for them:
  
  


• Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix

• Gives you a professional Dashboard to guide and perform a thorough Inventory Shrinkage Self-Assessment

• Is secure: Ensures offline data protection of your Self-Assessment results

• Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:



STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Inventory Shrinkage projects with the 62 implementation resources:


• 62 step-by-step Inventory Shrinkage Project Management Form Templates covering over 1500 Inventory Shrinkage project requirements and success criteria:


Examples; 10 of the check box criteria:


1. Scope Management Plan: Are Inventory Shrinkage project leaders committed to this Inventory Shrinkage project full time?
   
   

2. Project Performance Report: To what degree is there centralized control of information sharing?
   
   

3. Activity Duration Estimates: How could you use each technique in your organization?
   
   

4. Network Diagram: How confident can you be in your milestone dates and the delivery date?
   
   

5. Stakeholder Management Plan: Is the Inventory Shrinkage project sponsor clearly communicating the business case or rationale for why this Inventory Shrinkage project is needed?
   
   

6. Quality Audit: Have personnel cleanliness and health requirements been established?
   
   

7. WBS Dictionary: Are the rates for allocating costs from each indirect cost pool to contracts updated as necessary to ensure a realistic monthly allocation of indirect costs without significant year-end adjustments?
   
   

8. Cost Management Plan: Are the quality tools and methods identified in the Quality Plan appropriate to the Inventory Shrinkage project?
   
   

9. Process Improvement Plan: The motive is determined by asking, Why do you want to achieve this goal?
   
   

10. Project or Phase Close-Out: Does the lesson describe a function that would be done differently the next time?


 
Step-by-step and complete Inventory Shrinkage Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:


• 1.1 Inventory Shrinkage project Charter

• 1.2 Stakeholder Register

• 1.3 Stakeholder Analysis Matrix


2.0 Planning Process Group:


• 2.1 Inventory Shrinkage project Management Plan

• 2.2 Scope Management Plan

• 2.3 Requirements Management Plan

• 2.4 Requirements Documentation

• 2.5 Requirements Traceability Matrix

• 2.6 Inventory Shrinkage project Scope Statement

• 2.7 Assumption and Constraint Log

• 2.8 Work Breakdown Structure

• 2.9 WBS Dictionary

• 2.10 Schedule Management Plan

• 2.11 Activity List

• 2.12 Activity Attributes

• 2.13 Milestone List

• 2.14 Network Diagram

• 2.15 Activity Resource Requirements

• 2.16 Resource Breakdown Structure

• 2.17 Activity Duration Estimates

• 2.18 Duration Estimating Worksheet

• 2.19 Inventory Shrinkage project Schedule

• 2.20 Cost Management Plan

• 2.21 Activity Cost Estimates

• 2.22 Cost Estimating Worksheet

• 2.23 Cost Baseline

• 2.24 Quality Management Plan

• 2.25 Quality Metrics

• 2.26 Process Improvement Plan

• 2.27 Responsibility Assignment Matrix

• 2.28 Roles and Responsibilities

• 2.29 Human Resource Management Plan

• 2.30 Communications Management Plan

• 2.31 Risk Management Plan

• 2.32 Risk Register

• 2.33 Probability and Impact Assessment

• 2.34 Probability and Impact Matrix

• 2.35 Risk Data Sheet

• 2.36 Procurement Management Plan

• 2.37 Source Selection Criteria

• 2.38 Stakeholder Management Plan

• 2.39 Change Management Plan


3.0 Executing Process Group:


• 3.1 Team Member Status Report

• 3.2 Change Request

• 3.3 Change Log

• 3.4 Decision Log

• 3.5 Quality Audit

• 3.6 Team Directory

• 3.7 Team Operating Agreement

• 3.8 Team Performance Assessment

• 3.9 Team Member Performance Assessment

• 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:


• 4.1 Inventory Shrinkage project Performance Report

• 4.2 Variance Analysis

• 4.3 Earned Value Status

• 4.4 Risk Audit

• 4.5 Contractor Status Report

• 4.6 Formal Acceptance


5.0 Closing Process Group:


• 5.1 Procurement Audit

• 5.2 Contract Close-Out

• 5.3 Inventory Shrinkage project or Phase Close-Out

• 5.4 Lessons Learned


Results

With this Three Step process you will have all the tools you need for any Inventory Shrinkage project with this in-depth Inventory Shrinkage Toolkit.

In using the Toolkit you will be better able to:


• Diagnose Inventory Shrinkage projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices

• Implement evidence-based best practice strategies aligned with overall goals

• Integrate recent advances in Inventory Shrinkage and put process design strategies into practice according to best practice guidelines


Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Inventory Shrinkage investments work better.

This Inventory Shrinkage All-Inclusive Toolkit enables You to be that person.

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.