Most retailers have adopted omni-channel strategies to meet consumers’ demand to browse or buy whenever and wherever they choose. But enabling everything from mobile point of sale (POS) to in-store pickup of online purchases has made inventory control and product logistics far more difficult. The complex new retail environment is Read More
Tag: inventory control
Checkpoint Systems recently announced its partnership in implementing EAS pedestals and deactivation systems at approximately 2,800 Dollar General retail locations.
According to Carl Rysdon, vice president of inventory control solutions for Checkpoint, “The Dollar General implementation represents the fastest deployment of EAS that I have ever witnessed. It is rewarding to Read More
These are clearly turbulent times in retail. How people shop is changing—and with it the strategies employed to attract and retain customers. Store technology is changing, offering new opportunities, and ushering in new risks. What does the upheaval mean for loss prevention? What are the primary challenges the industry may Read More
Loss prevention—also known as asset protection—is an ever-broadening, ever-growing field that has a lot to offer an entry-level job seeker. According to the Loss Prevention Foundation, the industry’s “wide spectrum of career options and tremendous potential for professional growth” make the job a rare find in today’s labor market. And Read More
“The pen is mightier than the sword” is a tried-and-true axiom that virtually everyone has heard applied to the world of media or, in some context or another, to the skill of writing. But how does it apply to the world of the retail store audit checklist?
Let’s take a look Read More
Bill Turner, LPC, has been a reader and contributor to Loss Prevention magazine (now LP Magazine) since its inception in 2001. Now, as the publication celebrates its 15-year anniversary, Turner looks back at the publication’s past five years in a feature article in the January-February 2017 issue. This third and Read More
What does a typical inventory control job description entail? Whether the specific title is inventory control clerk, specialist, manager, or coordinator, this vital position is usually responsible for ensuring an accurate and adequate quantity of product in a given organization. In a nutshell, this person manages the inflow and outflow Read More
Retail shrinkage stems from a handful of causes that are rarely unique to a single retailer. Theft, whether internal or external, and operational error make up the majority of retail shrinkage. The level of severity is usually the primary difference; this can fluctuate due to product type, geography, and store Read More
Leaders lead, of course, but what does that look like? What do successful leaders do? At the University of Florida (UF) and the Loss Prevention Research Council (LPRC), we’re looking at ways to improve LP/AP outcomes by enhancing decision-maker awareness and action tools. We’re also looking at how good leaders Read More
Here we are at the third and final installment of the first fifteen years of Loss Prevention magazine. I had indicated in the first two articles that part of the third article would include a future look at some of the most important loss prevention technologies and practices such as Read More