Can you describe your experience in managing inventory and controlling shrinkage in a retail environment?

Answer:

As a Retail Manager, I have extensive experience in managing inventory and controlling shrinkage in a retail environment. I have successfully implemented inventory management systems to track and monitor stock levels, investigate any discrepancies, and take appropriate actions to prevent losses. I have also trained my team on proper stock control procedures and conducted regular audits to ensure accuracy.

Additionally, I have collaborated with loss prevention teams to identify potential areas of shrinkage, such as theft or internal errors, and developed strategies to mitigate these risks. Through my proactive approach and attention to detail, I have been able to effectively manage inventory and minimize shrinkage, ultimately improving overall store profitability.