The Home Depot supply chain network has undergone a transformation in recent years to incorporate strategic omni-channel elements and physical security controls. Mike Combs, director of asset protection, global supply chain at The Home Depot, has played a critical role in supporting the operation’s development and growth since he joined
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Articles by Kelsey Seidler
In a recent series of aricles, Bill Turner, contributing writer, has looked at the evolution of loss prevention since the inception of LP Magazine in 2001. (See Part 1, Part 2, and Part 3 of “Fifteen Years of Loss Prevention.”) In the May–June 2017 issue, Turner concludes the series by
In the digital technology era, information protection has become a top priority across all industries. The retail industry is no exception. The collection and use of data is now an integral part of day-to-day business practices and processes in the retail world – but what does data protection really entail?
Checkpoint Systems Debuts MicroFlex: RF Label Protection For Eyewear and Other Hard-to-Tag Retail Merchandise
Checkpoint Systems recently announced at NRF PROTECT 2017 its MicroFlex solution – a unique RF label that is designed to help retailers reduce external shrink on traditionally hard-to-protect merchandise.
With the majority of retailers choosing to display merchandise openly to allow customers to try before they buy, MicroFlex helps improve
It’s time to pack your business cards and head to Washington, DC: the annual National Retail Federation (NRF) PROTECT Loss Prevention Conference will return from June 26—28 at the Gaylord National Harbor in the nation’s capital. The 2.5-day event will feature a robust schedule of educational sessions and networking opportunities
Loss prevention and retail industry professionals have a responsibility to stay informed about the latest retail theft statistics. This post provides a snapshot of what retailers currently face when it comes to loss and theft.
Inventory shrinkage refers to the difference between the merchandise a retailer shows in its records
According to recent research, the use of cash is declining in popularity among consumers. Retailers may have noticed fewer customers using cash in stores. But that doesn’t mean the challenges of protecting cash have gone away for loss prevention and asset protection professionals. Instead, cash management techniques are evolving alongside
New technology in retail loss prevention emerges regularly. In this profession, it’s important to stay abreast of any new technologies that may show potential and could help reduce theft and fraud.
Industry conferences and events are a great place to scope out the latest solutions. For example, Tom Meehan, CFI, witnessed
Using threats or promises—whether implicitly or explicitly—in an investigative interview is a questionable practice. Not only does the use of threats or promises to a subject diminish an investigator’s professionalism, but an admission or confession obtained through one of these tactics may be considered untrustworthy or unreliable in criminal or
As online-only retailers continue to see expanded success, traditional brick-and-mortar stores must turn to new strategies to keep up with customer demand. Today’s retail environment demands that the customer shopping journey be a seamless one as it transitions from a physical store to a smartphone app to an interactive catalog (or