Stock loss reduction call

23 May 2001
More news

24 May 2001

Increased collaboration between suppliers, manufacturers, distributors and retailers would identify and reduce stock loss in the retail supply chain, according to a new report.

The study, by industry group Efficient Consumer Response Europe, combines a survey of the retail sector and case studies of 12 complete supply chains. It claims that damages, misplaced goods and theft cost the sector £11.2 billion annually.

The report urges collaboration between suppliers, distributors and retailers. It claims that only half of retailers and manufacturers are working together to tackle stock loss, and urges them to use suppliers' expertise in solving the problem.

SMmay2001

LATEST
JOBS
Hounslow, Heathrow /Richmond upon Thames
Competitive salary depending on experience plus generous share award
Tails.com
London
GBP40000 - GBP50000 per annum + Excellent Benefits Package
Bramwith Consulting
SEARCH JOBS
CIPS Knowledge
Find out more with CIPS Knowledge:
  • best practice insights
  • guidance
  • tools and templates
GO TO CIPS KNOWLEDGE