BNET Business Dictionary

Business Definition for: Shrinkage

  • a reduction in the amount of a company's inventories, often caused by production processes
  • a term used to describe goods that leave a retail outlet but are not logged as sales. Shrinkage can include goods that are stolen by shoplifters, or are damaged or broken.

Wiktionary Definition for: Shrinkage

  • the act of shrinking, or the proportion by which something shrinks
  • the loss of merchandise through theft

Additional Resources

Influences of Fibers on Drying Shrinkage of Fiber-Reinforced Cementitious Composite
An analytical model has been formulated for the drying shrinkage performance of a fiber-reinforced cementitious composite. The model is based on the assumption that shear stress is produced between the fiber and surrounding matrix as the matrix shrinks. This shear stress in turn influences the matrix deformation behavior resulting in...
Tags: Matrix, Fiber, American Society Of Civil Engineer, Network Technology, Networking
White papers 2001-01-01
Survey details retail shrinkage. (Arthur Young's)
Survey Details Retail Shrinkage NEW YORK -- The bulk of retailers' shrinkage losses is attributed to internal factors rather than shoplifting, according to "An Ounce of Prevention," Arthur Young's annual survey recently released in book form. The book, sponsored by the National...
Tags: Arthur Young Inc.
Research articles 1987-03-16
A Shrinkage Approach to Model Uncertainty and Asset Allocation
For asset allocations associated with the models and data that attracted a large part of attention in the empirical finance literature, this paper takes a shrinkage approach to examine the empirical implications of uncertainty-aversion. The shrinkage approach explicitly shows how predictive distributions incorporate data and prior beliefs. It enables us...
Tags: Asset, Shrinkage, Asset Allocation, Asset Management, Operational Planning, Business Operations
White papers 2002-10-05
Retailers Cutting Inventory Shrink With SPSS Predictive Analytics Software; Retail Shrinkage Spikes at Christmas Season
CHICAGO -- Major retailers are harnessing SPSS predictive analytics software to reduce inventory shrinkage through stocking, placement and monitoring of those retail items most likely to disappear. Retail shrinkage -- a reduction in inventory primarily due to shoplifting and employee theft - spikes dramatically during the Christmas season.
Tags: software, SPSS Inc.
Research articles 2004-12-15
Surge in shrinkage baffles Jo-Ann.(Jo-Ann Stores Inc.)(Brief Article)
Jo-Ann Stores Inc. is at a loss to explain why more of its inventory appears to be missing. The fabric and crafts retailer in the first quarter posted a big increase in shrinkage -- industry-speak for stolen or damaged inventory, as well as vendor...
Tags: shrinkage
Research articles 2001-06-18
Low-cost anti-shrinkage additive is claimed.
An inexpensive 'one oft' process for making a chemical additive which helps prevent shrinkage of hard polymers is claimed by the US National Institute of Standards and Technology NIST. It is a special monomer (described as a 'spiro orthocarbonate') An inexpensive 'one oft' process for making...
Tags: NIST
Research articles 1997-08-01
Financial Advisors Can Stop Their Asset Shrinkage With Hedge Funds: Hedge Fund Information Available Specifically for Financial Advisors
The paper provides an easy and painless way for financial advisors to understand hedge funds and their potential use by advisors. It also outlines research showing that clients of advisors currently desire investments with the characteristics of hedge funds. Many financial advisors are experiencing significant asset shrinkage during this bear...
Tags: Asset, Financial, Hedge Fund, Advisor, Van Hedge Fund Advisors, Investment, Asset Management, Financial Services, Finance, Operational Planning, Business Operations
White papers 2002-10-29
Evaluation of SMT Polymer Film Capacitors Using Newly Developed, Low Shrinkage PET
This white paper describes in detail about the advances in polymer film dielectric technology, coupled with a revolutionary processing system that has made possible high value and miniaturized electrostatic capacitors which compete favorably against ceramic and tantalum capacitors in many critical applications. It also gives an insight into thin polymer...
Tags: Capacitor, Polymer, Illinois Tool Works, Telecom & Utilities
White papers 2000-03-06
Influence of Supporting Base Characteristics on Shrinkage-Induced Stresses in Concrete Pavements
This paper presents an analytical model for prediction of shrinkage-induced stresses and displacements in concrete pavements due to the restraint of the supporting base. The model relies upon the interfacial friction stress transmitted between the slab and base as the fundamental mechanism of restraint provided by the base when concrete...
Tags: Restraint, Friction, Model, American Society Of Civil Engineer
White papers 2001-09-27
Influence of Reinforcing Bars on Shrinkage Stresses in Concrete Slabs
It is well known that cracking in concrete slabs significantly influences their service life. Concrete shrinkage may be the principle reason for the initial crack formation in the slabs. This paper presents an attempt to provide an analytical tool for the prediction of stress distribution in reinforced concrete slabs after...
Tags: Matrix, Shrinkage, American Society Of Civil Engineer, Productivity
White papers 2000-12-01
Alloy Shrinkage Factors for the Investment Casting Process
This study deals with the experimental measurements and numerical predictions of alloy shrinkage factors SFs related to the investment casting process. The dimensions of the A356 aluminum alloy casting were determined from the numerical simulation results of solidification, heat transfer, fluid dynamics, and deformation phenomena. The investment casting process was...
Tags: Alloy
Research articles 2006-02-01
Fixed-line telecomms markets face shrinkage in Central and Eastern Europe, says IDC
TELECOMWORLDWIRE-8 June 2006-Fixed-line telecomms markets face shrinkage in Central and Eastern Europe, says IDCC1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com Lower prices have not stopped the decline of Central and Eastern European fixed-line telephony markets, according to a new study by market intelligence and advisory firm IDC. According to the...
Tags: FINANCE, Hungary, International Data Corp., MARKETING, mobile, NETWORKING, revenue, shrinkage, Slovakia, TELECOMMUNICATIONS, telephony, VOIP
Research articles 2006-06-08
Fixed-line telecommunications markets face irreversible shrinkage in Central and Eastern Europe, says IDC.
M2 PRESSWIRE-7 June 2006-IDC: Fixed-line telecommunications markets face irreversible shrinkage in Central and Eastern Europe, says IDCC1994-2006 M2 COMMUNICATIONS LTD RDATE:07062006 PRAGUE - Lower prices have not stopped the decline of Central and Eastern European fixed-line telephony markets. According to a...
Tags: Estonia, Hungary, International Data Corp., MARKETING, mobile, NETWORKING, revenue, Slovakia, TELECOMMUNICATIONS, telephony, VOIP
Research articles 2006-06-07
Year-end inventory shrinkage estimates.(taxation)
Sec. 471 a states that, when inventories are necessary, they must be taken in a manner conforming "as nearly as may be to [1] the best accounting practice in the trade or business and [2] clearly reflecting the income." In 1997, Congress enacted Sec. 471b, which...
Tags: accounting, FINANCE, GAAP, income, Sec, Wal-Mart Stores Inc.
Research articles 1999-04-01
Automating the EAS paper trail: to combat inventor shrinkage, retailers are more openly adopting electronic article surveillance programs. (Tech Solutions).
With so many responsibilities at store level, managers generally don't have time to manually track alarms caused by activated electronic article surveillance EAS tags moving through detection gates. With the help of a new automated logging system that monitors alarms, grocery managers can focus on providing exceptional product and store...
Tags: Adt Security Services Inc.
Research articles 2003-04-01
Passport security camera improves shrinkage control.(Gilbarco Veeder-Root's Passport 5.0)(Brief article)
In October, Gilbarco Veeder-Root, Greensboro, N.C., announced the addition of a new security camera interface for Passport Version 5, built on the PCATS NAXML standard for a richer integration experience. This new interface offers real-time journal data to Passport customers, allowing for better employee control and...
Tags: Gilbarco Inc.
Research articles 2006-12-01
Lexmark International Q1 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question is coming from Tony Sacconaghi with Sanford Bernstein. Please go ahead. Tony Sacconaghi - Sanford Bernstein Yes, thank you. I just wanted to probe the investments in brand development and demand generation a little further, how long do you think you have...
Tags: Lexmark International Inc.
Earnings calls 2007-04-24
Microporosity prediction in aluminum alloycastings
A comprehensive methodology that takes into account solidification, shrinkage-driven interdendritic fluid flow, hydrogen precipitation, and porosity evolution has been developed for the prediction of the microporosity fraction and distribution in aluminum alloy castings. The approach may be used to determine the extent of gas and shrinkage porosity, i.e., the resultant...
Tags: Engineering, modeling, Oak Ridge National Laboratory, Sanmina-SCI Corp.
Research articles 2002-04-01
Advent Software Likely to Suffer Due to Industry Dislocations
Robert Maltbie submits: Advent Software Inc. ADVS provides software solutions which are used primarily by the asset management and investment community. Advent enables the automation and integration of data across money management enterprises as well as with external parties. Solutions are designed to improve informational accuracy resulting in improved decision-making....
Tags: Software, Robert Maltbie, Advent Software
External links 2009-01-20
LCP for thin electronic parts.(MATERIALS)
DuPont has introduced an LCP that the company says meets needs for low warpage in the thinner part designed for use in miniature electronic devices. Typical applications for the resin, called Zenite ZE55201, include electronic connectors, chip sockets and interposers. The resin's low...
Tags: E.I. Du Pont de Nemours & Co.
Research articles 2008-02-01
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