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Incorporate all relevant data, using statistical and expert methods to produce the best possible predictions. Further your knowledge about what performs best for your problems. They will be scheduled through the year and you can submit your interest at any point. 

Introduction to Shrinkage

Published on 06 July 2020

Introduction to Shrinkage

Hosted on 6th July 2020 by David Preece

Discover what shrinkage is and the correct way to calculate basic shrinkage and tiered (or primary and secondary shrinkage). In this module, you will;

  • Understand the problems caused by incorrectly calculating shrinkage
  • Learn about when it is best to use budget shrinkage targets and when using recent historical data will be to your advantage.
  • See the value of managing shrinkage and the return on investment that it can bring to your business.

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