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
Tag: inventory control
Director of Creative & Client Services, LPM Media Group, (NC)
LPM Media Group is looking for an organized and creative individual to support our growing business by providing custom publishing services to our clients through the delivery of print, digital, and mobile solutions for employee training, awareness, and communication campaigns. While Read More
Signet Jewelers Limited recently announced the retirement of industry veteran Kevin Valentine, LPC senior vice president of internal audit, loss prevention and enterprise risk management for North America and International.
As communicated in recent months, Signet continues to adapt to changing market conditions and is committed to building an organization of the Read More
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 Read More
Area Investigator, Stage Stores, (LA)
Uses broad discretion to protect the assets (physical and human) of multiple Stores within a district/s. Balances theft and fraud trends, safety and security, and inventory control strategies to identify and apply a broad range of asset protection techniques or game plans to control potential or Read More
By Michael Long
Inventory loss is a fact of life in retail. When maintained at acceptable levels, it’s simply the cost of doing business, much like payroll and other operating expenses. However, when shortage begins to inexplicably trend upward, whether on a store-by-store basis, or even across a chain, it becomes imperative to view the Read More
Each year, loss prevention directors are evaluated based at least in part on retail shrink results. At a minimum, poor retail shrink numbers negatively affect bonuses and department morale. At times, unacceptable results may even lead to dismissal.
Forward-thinking LP professionals, like golfers in search of the key that will elevate 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
EDITOR’S NOTE: This interview is with three long-time loss prevention industry veterans. One is a retailer, one is a solutions provider, and one started on the retail side before starting his own company offering loss prevention solutions. We’ve chosen to not identify the individuals in order to allow them to Read More
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 Read More