u/Acrobatic_Sorbet5350

Hi, do your 3PLs and companies calculate and report shrinkages monthly or annually?

I am looking for some guidance on below

1. reported monthly after cycle counts are carried out? and it's possible not all SKUs and locations will be cycle counted each month

2. or are shrinkages reported, annually after wall to wall count /annual stock take..

I am not from ecommerce industry but have worked with different companies in medtech/lifescience space and I see different practices.

by the way the place i am working in now - contractually allows 3PL a loss allowance of x% of average inventory value in past 12 months. which makes me believe if it's only an annual exercise and number to be reported

Hi, do your 3PLs and companies calculate and report shrinkages monthly or annually?

I am looking for some guidance on below

1. reported monthly after cycle counts are carried out? and it's possible not all SKUs and locations will be cycle counted each month

2. or are shrinkages reported, annually after wall to wall count /annual stock take..

I am not from ecommerce industry but have worked with different companies in medtech/lifescience space and I see different practices.

by the way the place i am working in now - contractually allows 3PL a loss allowance of x% of average inventory value in past 12 months. which makes me believe if it's only an annual exercise and number to be reported