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 Read More
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 Read More
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 Read More
In a recent series of aricles, Bill Turner, contributing writer, has looked at the evolution of LP 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 looking Read More
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 Read More
Retailers have generally accepted the necessity for data and analytics in their organizations. Using loss prevention analytics the right way can boost profits and reduce losses. However, the constant deluge of information sometimes makes it difficult to identify which loss prevention analytics are important and actionable and which can be Read More
The loss prevention department and the information technology department used to handle separate functions of the retail environment. Increasingly, however, loss prevention duties require a strong relationship with (and even a dependence on) the technology department. As retail security solutions evolve to become more sophisticated, LP and AP must find Read More
Today’s supply-chain security program networks are a far cry from the basic lock-and-key operations of the past. Readily available technological tools and business intelligence data can help support organizations as they fortify their networks. In order to thrive, however, teams must look to integrate and align these enhancements.
In a Read More
April 18, 2017 | David E. Zulawski, CFI, CFE, and Shane G. Sturman, CFI, CPP | Magazine Reviews
Fact: false criminal confessions exist. In the Interviewing column from the March–April 2017 issue of LP Magazine, David E. Zulawski, CFI, CFE, and Shane G. Sturman, CFI, CPP, of Wicklander-Zulawski (WZ) note that a variety of factors must be considered when attempting to determine why an innocent person may have Read More
As one of the largest multinational retail corporations in the United States, Walmart’s AP business needs and priorities can be complex and numerous. But Mike Lamb, LPC, vice president of asset protection and safety at Walmart US, knows that the best approach to managing asset protection at Walmart had to Read More