Most retail companies have a department dedicated to maintaining processes and procedures related to inventory management and retail shrinkage. The inventory control department ensures that optimum inventory levels of products are available and accessible to the stores; that stock levels/turnover are efficiently managed; that inventory is maintained in a safe Read More
Tag: inventory management
Checkpoint Introduces Windlight RFID Label for Retail Cosmetic, Other Merchandise Visibility Applications
Checkpoint Systems recently announced at the RFID Journal Live event its Windlight RFID label for cosmetics categories and many other merchandise visibility applications.
The new label features the use of Impinj’s Monza® R6-P RAIN RFID tag chip, which is optimized for serializing items such as apparel, electronics, cosmetics, pharmaceuticals, jewelry and Read More
Every retailer’s dream is to grow and flourish while maintaining their initial character and a “small-store” feel. But as retailers grow, maintaining that close customer connection, even in a specialty store, can be difficult. Topher Mallory, CEO of US retail brand Mexicali Blues, understands the importance of balancing shifting customer Read More
Following are a few article summaries that can provide you with a small taste of the original content available to you every day through our daily digital offerings, which are offered free through LossPreventionMedia.com. In addition to our daily newsletter, a comprehensive library of original content is available to our Read More
With today’s retail business environment and the ever-increasing prevalence of organized retail crime, LP professionals must ask themselves two important questions about their GPS loss prevention programs—are we getting the most return on investment, and what is behind the GPS technologies we are using?
With the influx of new companies and Read More
By Chris Trlica
In the beginning, there was the cellular phone. Then arose a new kind of phone, from whence sprang generation upon furious generation of increasingly intelligent smartphones. Today, we are beset by a menagerie of portable devices, their displays ranging in length from thumb to forearm, but, crucially, each embedded with Read More
What is the latest employee theft scam putting a dent in the profits of your retail organization? Think about any recent changes. Maybe you’ve implemented a new cash management protocol, or a new loyalty program, or a new tabletop payment system. Regardless of what your stores have recently done to Read More
Checkpoint Systems recently announced its EVOLVE-Store™ solution while at the Retail Asset Protection Conference.
The rise in omni-channel shopping is driving retailers to make key investments in their inventory management to conquer the current and growing demand and fulfill customer expectations. However, with customers choosing how they want to shop Read More
“What is the single most important measure of the success or failure of your company’s loss prevention efforts?”
If you were to ask senior retail executives this question, the answer you would likely hear is, “Our shrinkage results.” This would not be surprising, as shrinkage affects profitability, shareholder return, resource allocation 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