B&Q uses .net to cut stock losses

B&Q has cut stock losses by 15% since implementing a database that allows managers to access and analyse shrinkage data from any...

B&Q has cut stock losses by 15% since implementing a database that allows managers to access and analyse shrinkage data from any part of the group, the DIY retailer revealed this week.

The Shrinkage Information Database, which is based on Microsoft .net technology, gives real-time access to stock loss information that previously came from weekly manually-prepared reports, said B&Q director of profit protection Laurence King.

"The system has allowed us to identify problem areas and target them for action more quickly and accurately than previously," he said. "Shrinkage in retail is always a challenge and this new technology has helped us establish a downward trend. The system has quickly paid for itself."

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