INVENTORY DISCREPANCIES (AUDITING THE ELECTRONIC JOURNAL)
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SHOW NOTES (SURVIVE VERSION)
Episode Title: Inventory Discrepancies: Auditing the Electronic Journal (Episode 86) Episode Description: "The items were not physically stolen by a customer. The items were digitally corrupted by your employee." In this episode of Survive, Mike Hernandez explains why Assistant Managers must stop blaming shoplifters for inventory shortages and start auditing the electronic transaction journal to identify cashier scanning errors.
What You Will Learn:
- The P&L Podcast: A special announcement regarding Episode Two of the new financial training series built for convenience store professionals.
- The Data Corruption Error: How using a generic department key instead of a barcode scan completely bypasses the automated vendor replenishment system.
- The Electronic Journal: How to review the digital record of the cash register to identify excessive quantity multipliers and generic department entries.
- The Performance Correction: The exact conversation you must have with a sales associate to explain how their scanning shortcuts cause empty shelves next week.
Resources & Links:
- The P&L Podcast: Subscribe for free. The link is available at app.hiro.fm/channel/the-p-l-podcast.
- Download the Shift Scanning Audit Log: Text the code word JOURNAL to 9 5 6 - 8 9 7 - 9 1 9 2.
- Recommended Listen: Thrive: Episode 95.
- Watch the Channel: Check out the YouTube channel and subscribe at @cStoreCenter.
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