Cash Handling Best Practices for Retailers

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 Offers Many Possibilities

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.

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Industry conferences and events are a great place to scope out the latest solutions. For example, Tom Meehan, CFI, witnessed   Read More

The Voluntary Confession Is Critical

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

Supporting the Home Depot Supply Chain Network

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

Loss Prevention Duties Include Collaboration with IT

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

Think Integration for Your Supply-Chain Security Program

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.

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In a   Read More

Prioritizing Asset Protection at Walmart

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

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