An audit is a tool – not a test. Loss prevention audits should serve to make a store or other facility more efficient and more profitable, working with store teams and providing a means to train and develop the associates. It is vital that we approach our audit functions with the Read More
Tag: electronic article surveillance systems manufacturers
Every so often, a simple idea catches the imagination, fervor, and engagement of a group of people and is developed into a successful practice that revolutionizes a business. Electronic article surveillance (EAS) source tagging is definitely one of those.
This story commemorates the evolution of source tagging with The Home Depot Read More
By Scott Womack
Boosters are savvy in their methodology of offending. They often find creative ways in which to conceal property when shoplifting—in their clothing, via a special “booster bag,” etc. However, occasionally they capitalize on resources provided by the very location they intend to victimize.
While shopping in a nationally known chain drug Read More
At a time when store margins are under intense competitive pressure, retail shrink can make or break a retailer’s bottom line. But today’s retail shrink numbers are vulnerable to blind spots and imprecise metrics. In addition, most analysis and response to retail shrink are backward-looking: useful for staffing and long-term Read More
USS has recently unveiled the results of a recent study conducted by the Loss Prevention Retail Council (LPRC), to test the benefits of their Tactical Tagging loss prevention strategy using their Mini Patriot electronic article surveillance (EAS) products.
Tactical Tagging is an asset protection approach that aims to confuse and deter Read More
CONTROLTEK has recently announced the release of an electronic article surveillance (EAS) tag made specifically for small leather goods, reportedly the first of its kind. The self-alarming, tag dubbed the FlatGuard™, is slim enough to fit inside a wallet and other merchandise too small for classic EAS tags, yet still 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
As a loss prevention professional, it is likely that you have responsibility for detecting, investigating, and resolving internal-theft cases. Doing so may support your organization’s zero-tolerance policy toward internal theft. Many top retailers rely on their loss prevention departments to give them a competitive advantage by controlling their operational costs Read More
Few things are as frustrating for a loss prevention leader than discovering a bad packaging design they know will promote retail shrink, which could so easily have been prevented if those who created and approved the packaging had included shrink reduction in the initial design criteria. For example, in a Read More
By Chris Batson
Distribution center loss prevention provides a unique challenge to the industry. As with all LP programs, the distribution center loss prevention team is tasked with reduction of shrink and generating a sufficient return on investment to justify their programs.
Given the growing investment in supply chain inventory management, how does a distribution Read More