I was explained this by someone who specializes in retail loss prevention. I think it's a good way to show AP and non-AP tm's how important it is to work together to reduce shrink.
TLDR: For every dollar of shrink, it takes about $34 of revenue (sales) to make up for the loss on Target's books...
Precount/asst item sheets.... what is it and how do i get there?
Are we taking an entire precount of the backroom here? Im not exactly certain what that means. Thanks
As a TL I ran the sales floor inventory prep last year,and I had no idea what I was doing.Fast forward a year later we are reading for another bout of inventory and our store has all new ETLs.I took it upon myself(as I'm trying to promote) decided to own the entire inventory process;thus...
My Background
I've been working at Target since late November 2016 in my store's "consumables" department (we're one of those Targets with PFresh and grocery, but not at Super Target standards) I've become pretty confident in my abilities as a TM, but I'm always willing to ask questions if I...
Ok, there is a wierd rumor floating about our store that the reason why are hours are cut has to do with ETL bonuses (and the fact that our inventory was horrid this year. BRTL quit right after new years.) So if anyone can explain how bonuses work; ie how they are structured, who gets them and...
Dun dun dun....
Can someone give me the breakdown on how inventory is compiled? Such as, once Regis comes in and does their scans, how are the final numbers tallied?