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COMPREHENSIVE LOSS, SELF-
SERVICE NET INVENTORY
DOLLAR ADJUSTMENT
At 06159
Let’s get back to BASICs and reduce shrink which will
impact service and sales.
By SALMAN SHEZAD
S.M.A.R.T GOAL
At the beginning of Leap, my store was trending at a 4 weeks
average of about $ - 7,600 per week on Comprehensive Loss/
Self-Service Net Inventory Dollar Adjustment.
My goal is to decrease shrink by $ - 2,600 from
$ - 7,600 to $ -5,000 in shrink per week
by November 11th , 2020.
Before the start of my
project
BARRIERS
Employees need to be more engaged to provide ECC to
customers, this will reduce shrink and increase sales
Ensuring the team members complete tasks (OOR,
SAGP, PERIODIC COUNTS)
Keeping Stockrooms and red carts clean, neat and
organized. (CNO)
METRICS
• KPI : Asset Protection Dashboard
• One Plan Score card
• SAGP
• 1506
• Periodic counts
Shrink Adjustment Gross Profit (SAGP) Report
SAGP REPORTS
5min meeting
• Sharing best practices for improving
ECC.
• Ensuring counts are done correctly by
bay owners .
• Ensuring all primary and secondary Bay
owners can execute scan outs.
• Conduct Smart counts 100% on daily
basis.
• Reduce 1506 by FIFO Rule and
expired products.
ACCOUNTABILITY
Step 1: Using the Item List
function in the Zebra, scan all
the visible outs in a
department. Note: Scan
Quantity will be “1” for every
product scanned.
Step 2: The total of the
“System On Hand” that
show “0” will be your
numerator. The grand total of
the “Scan QTY” will be your
denominator.
Step 3: Divide the numerator
by the denominator and
multiply that number by 100.
That percentage is your
department’s outs accuracy!
Step 4: Now, you will need to
pull your department, check
duplicate locations and adjust
your On Hands accordingly.
• Trained bay owners on how to conduct
Item list reports, and SAGP reports
• Following up with Team members after
given tasks
BEFORE
Overall Results
As a result of my project I gained a lot of ideas and insights about shrink
in my store. I was able to coach and develop my team with the help of my
fellow peers and leaders, but there is a lot more that needs to be done,
like continuing to train team members to be more engaged to
provide ECC to every customer that can help reduce shrink and in turn
increase sales.
AFTER
Trend
Report
SS Adjustment Results
The Project Goal - My goal is to reduce that from $ – 7,600 to
$ -5,000
The Project Results - I was able to reach my goal to $ - 3,400 as
of Oct 27, 2020
RESOURCES
Partner up with my peers to make sure team members are
properly trained to complete given tasks.
Store walks with District Manager and Asset Protection
Manager on ideas and insights on how we can reduce
shrink and increase sales.
Following up with reports from the AP Dashboard and
periodic counts.
The LEAP facilitators.
My Store Manager and ASM.
Project Benefits
What I learned:
• Proper planning prevents poor performance –
strategic planning and time management are key;
• Training, providing feedback, and coaching make
for an engaged, accountable team;
• Praise goes a long way;
• Employees like to help each other and feel like
they are valued at both personal and professional
level;
• Have learned how to effectively read the metrics
and translate them into behaviors that impact
them.
What I was able to teach:
• How to properly perform all steps in SAGP;
• The what and whys behind company initiatives like
concentrating on comprehensive loss;
• How to locate high shrink items, and limit them on
shelf;
• Sections detailing, and higher expectations in
regards with department limitations;
• The importance of teamwork, inspiring and
winning together.
PROJECT ACCOMPLISHMENTS
• In stock and departments appearance improved;
• Stockroom condition is perfect – organized red carts
for better understanding of products when counting;
• Great improvement in employee engagement and
motivation;
• Greater sense of pride;
• Stronger team relations, employees helping each
other by sharing experiences;
• Leadership empowers team members to make
decisions and to be accountable for their
departments;
• Employees as well as leadership are showing better
time management.
Thank you
Now lets' get back to BASICs

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Comprehensive loss, self-service net inventory dollar adjustment 

  • 1. COMPREHENSIVE LOSS, SELF- SERVICE NET INVENTORY DOLLAR ADJUSTMENT At 06159 Let’s get back to BASICs and reduce shrink which will impact service and sales. By SALMAN SHEZAD
  • 2. S.M.A.R.T GOAL At the beginning of Leap, my store was trending at a 4 weeks average of about $ - 7,600 per week on Comprehensive Loss/ Self-Service Net Inventory Dollar Adjustment. My goal is to decrease shrink by $ - 2,600 from $ - 7,600 to $ -5,000 in shrink per week by November 11th , 2020.
  • 3. Before the start of my project
  • 4. BARRIERS Employees need to be more engaged to provide ECC to customers, this will reduce shrink and increase sales Ensuring the team members complete tasks (OOR, SAGP, PERIODIC COUNTS) Keeping Stockrooms and red carts clean, neat and organized. (CNO)
  • 5. METRICS • KPI : Asset Protection Dashboard • One Plan Score card • SAGP • 1506 • Periodic counts
  • 6. Shrink Adjustment Gross Profit (SAGP) Report
  • 8. 5min meeting • Sharing best practices for improving ECC. • Ensuring counts are done correctly by bay owners . • Ensuring all primary and secondary Bay owners can execute scan outs. • Conduct Smart counts 100% on daily basis. • Reduce 1506 by FIFO Rule and expired products.
  • 9. ACCOUNTABILITY Step 1: Using the Item List function in the Zebra, scan all the visible outs in a department. Note: Scan Quantity will be “1” for every product scanned. Step 2: The total of the “System On Hand” that show “0” will be your numerator. The grand total of the “Scan QTY” will be your denominator. Step 3: Divide the numerator by the denominator and multiply that number by 100. That percentage is your department’s outs accuracy! Step 4: Now, you will need to pull your department, check duplicate locations and adjust your On Hands accordingly. • Trained bay owners on how to conduct Item list reports, and SAGP reports • Following up with Team members after given tasks
  • 11. Overall Results As a result of my project I gained a lot of ideas and insights about shrink in my store. I was able to coach and develop my team with the help of my fellow peers and leaders, but there is a lot more that needs to be done, like continuing to train team members to be more engaged to provide ECC to every customer that can help reduce shrink and in turn increase sales. AFTER
  • 13. SS Adjustment Results The Project Goal - My goal is to reduce that from $ – 7,600 to $ -5,000 The Project Results - I was able to reach my goal to $ - 3,400 as of Oct 27, 2020
  • 14. RESOURCES Partner up with my peers to make sure team members are properly trained to complete given tasks. Store walks with District Manager and Asset Protection Manager on ideas and insights on how we can reduce shrink and increase sales. Following up with reports from the AP Dashboard and periodic counts. The LEAP facilitators. My Store Manager and ASM.
  • 15. Project Benefits What I learned: • Proper planning prevents poor performance – strategic planning and time management are key; • Training, providing feedback, and coaching make for an engaged, accountable team; • Praise goes a long way; • Employees like to help each other and feel like they are valued at both personal and professional level; • Have learned how to effectively read the metrics and translate them into behaviors that impact them. What I was able to teach: • How to properly perform all steps in SAGP; • The what and whys behind company initiatives like concentrating on comprehensive loss; • How to locate high shrink items, and limit them on shelf; • Sections detailing, and higher expectations in regards with department limitations; • The importance of teamwork, inspiring and winning together.
  • 16. PROJECT ACCOMPLISHMENTS • In stock and departments appearance improved; • Stockroom condition is perfect – organized red carts for better understanding of products when counting; • Great improvement in employee engagement and motivation; • Greater sense of pride; • Stronger team relations, employees helping each other by sharing experiences; • Leadership empowers team members to make decisions and to be accountable for their departments; • Employees as well as leadership are showing better time management.
  • 17. Thank you Now lets' get back to BASICs