Tuesday, November 07, 2006

What does it profit?

Tonight I am struggling with what to say. I am not able to settle on any one thing to blog about.
I am off for the next 5 days, thank goodness. When I have this much time off, I sometimes feel like I am "cheating" and will get in trouble for it later. It is hard to not get so wrapped up in things at work. I feel like I do a good job of leaving work at work. There are the occasional rants to my wife about this and that, but other than that, I feel like I "turn it off" when I come home. One thing happened at work recently that I want to share. I do not know if it is a story that will be particularly meaningful or interesting, but I have not gotten any satisfaction about it at work, so why not blog about it?
Once a year Wal-Mart stores have an inventory day. On this day, an independent firm comes in and physically counts the merchandise in the store. This is done to reconcile the books and see how much the store has lost due to theft, breakage, and things like that. The term Wal-Mart uses for this loss is "shrink." In the pharmacy, they do not physically count every pill, rather, they count full bottles and partial bottles are considered half of a full bottle. Everything is counted and assigned a dollar value. This dollar value is then worked into the sales figures to determine the amount of shrink the store has had in the past year. Inventory day is probably my least favorite day of the year. It is never good to shrink, and if you shrink too much you are a "high shrink" pharmacy and there is an audit that is done to find out where that money went. I have not had to go through one of those, thank goodness. This year my problem is just the opposite. On the day of inventory, when the counters were done, they gave me a total page that listed the total amount of the pharmacy to be about $320,000. But, when the final numbers were given for the total store inventory, the amount for pharmacy was about $380,000. That $60,000 difference made our pharmacy look like it had an overage instead of shrink. There is no way that could happen. I have yet to figure out where the $60,000 came from. I told my boss about it multiple times, I told our store's loss prevention supervisor and his boss about it, and I was told to fax the numbers to Bentonville. That was the last I heard about it. We got our profit and loss statement for last month this past weekend and guess what was there? An overage from the inventory of about $87,000 was tacked on to our gross profit. Needless to say it makes the store look unbelieveable, but it is WRONG! I thought surely the extraordinary numbers that we posted would raise eyebrows and I would get a phone call from someone higher up. So far, I have heard absolutely nothing. I am afraid my boss does not care about it because it will add so much "profit" to the bottom line. But next year, we will have to pay the piper, big time. I just can not get over the lack of concern of everyone involved but me. OK, that is my story. I am sorry to have bored you with it, but I just had to get that out. By the way, did you notice how cute little pooter is?

1 comment:

Anonymous said...

Yes...I noticed that first thing.
Better keep your resume updated!