How can high shrinkage be addressed to achieve the desired service level and meet the applicable percentage?

Question

Accepted Answer

Addressing high shrinkage involves strategic planning, workforce management, and proactive measures to maintain service levels.

Analyze shrinkage patterns: Identify peak times and reasons for absenteeism to better manage staffing.
Implement flexible scheduling: Use part-time or on-call staff to cover high-demand periods.
Enhance employee engagement: Foster a positive work environment to reduce turnover and absenteeism.
Utilize technology: Implement workforce management tools to forecast demand and optimize scheduling.
Provide incentives: Offer rewards for attendance and performance to motivate employees.

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