Since the start of the pandemic, business owners are more aware of the need to avoid sunk costs. This is vital for businesses in the process of planning for steady forward growth.
Theft and stock damage is a major business threat, which is why taking precautions to minimise the risk of stock loss in the supply chain is essential.
With MPC's Attached Lid Containers, theft or damage of stock can be prevented, ensuring peace of mind for businesses.
Shrinkage In Modern Business
Shrinkage is the loss of inventory as a result of theft, administrative errors, fraud or stock damage¹.
It can be a real problem for companies that house large amounts of stock in warehouses, or those that transport their goods to the end user. Stockholding creates room for error and can lead to crippling blows to cashflow when things go wrong. The company’s profits are directly affected by theft and damage, as production costs for replacement items can increase expenses in the annual budget.
MPC’s Attached Lid Containers To The Rescue
With the knowledge of how stock loss can have a long-term impact on a business2, MPC's Attached Lid Containers are designed to help solve inventory problems.
Keeping goods safe is a major benefit of the Attached Lid Containers, thanks to their tamper-evident features that help you identify if stock has been tampered with. As an additional security measure, seals can be used to prevent theft.
Another benefit is that they are locally manufactured in South Africa. This means that there are no long lead times for deliveries or import costs.
MPC's Attached Lid Containers are also nestable and stackable, helping to save space and transport costs.
Considering A Container For Personal Use
MPC's Attached Lid Containers can help beyond the reach of businesses only. With an increase in South African residential robberies and burglaries reported in 2021³, it’s important for families to take extra precautions to keep themselves and their belongings safe. MPC's Attached Lid Containers are great for safe storage, as well as a deterrent in the unfortunate event of a break-in.
Head over to our online shop today and get your Attached Lid Containers delivered to you.
- Berry, J. (n.d.). Shrinkage Definition - Corporate Finance & Accounting. Investopedia. Retrieved January 14, 2022, from https://www.investopedia.com/terms/s/shrinkage.asp
- In-House Editorial. (2017, October 26). Minimise Stock Loss. Retail News. Retrieved January 14, 2022, from https://blog.retail.org.au/newsandinsights/minimise-stock-loss
- In-House Editorial. (2021, April 12). Big increase in house robberies in Johannesburg – these are the areas being hit. BusinessTech. Retrieved January 14, 2022, from https://businesstech.co.za/news/lifestyle/482439/big-increase-in-house-robberies-in-johannesburg-these-are-the-areas-being-hit/