Tracking - Shrink
From Profit Navigator
Shrink is the amount of lost inventory due to spoiling, breakage or theft incurred each month. This also includes wasted materials. For example, if you are an electrician you will likely have a small amount of material loss when running electrical wiring and replacing outlets. You may end up with only a foot of wire left from your roll which can't be used and will be recycled or sold as scrap. You may have breakage, for example an employee installing a light fixture may drop and break that light fixture. These are examples of shrink.