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this post was submitted on 07 Jan 2024
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Come on you know that has to be false. The stores know how much they ordered and how much of it they sold. If they didn't, they wouldn't even know how much to order next time.
The only way they wouldn't know how much was actually stolen is, if stolen goods are a rounding error of what they throw out day to day. (In which case we have a much more significant problem of Corporate waste on our hands)
People, yes, people still do count audits daily, at least where I worked. They also still do inventory audits regularly yearly/2x year/2x every other year depending on the volume of the store.
Throwing things out does happen but they budget for that daily/weekly/ and so on. Theft is harder to budget for especially when it’s changing. This is mostly what the giants are complaining about when they say theft is to blame for x,y,z.
Well then the data is accurate which one is it now?
You haven’t ever done inventory management I take it. Both are true.
People can’t count all the inventory in a big box store of 40,000 SKUs daily, weekly, or monthly. That’s why they have usually have a yearly, etc inventory as well (and even then it’s not 100% accurate). This is exactly why you can see on the site that they have 2 in stock but when you get there the shelf is empty (let’s assume no one actually bought the item while you were in route).