Words / S / Business

shrinkage

noun/ˈʃrɪŋkɪdʒ/

B2CEFR level
55/100Rarity: uncommon
TechnicalRegister

The loss of inventory between receipt and sale, typically from theft, damage, or administrative error.

A tighter cycle-count regime cut shrinkage from two per cent of turnover to well under one.

Topic: Operations & supply chain in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Operations & supply chain