Tag: inventory system


ORC Theft Trends and Impact

ORC Theft Trends and Impact

Loss prevention has traditionally focused on shortage reduction through an emphasis on internal theft, external shoplifting, and operational controls. Resources to prevent these losses have been spent on developing programs and controls to stop loss from within the company.

Within the past decade, retailers have identified the growing threat of organized   Read More


LP 101: Inventory Shrinkage & Reconciliation

LP 101: Inventory Shrinkage & Reconciliation

Most retail companies have an Inventory Control or similar department dedicated to the maintenance of processes and procedures related to inventory management and inventory shrinkage. The Inventory Control department ensures that optimum inventory levels of our products are available and readily accessible to the stores; that stock levels/turnover are efficiently   Read More


Connecting Retailers to Combat Organized Retail Theft

Connecting Retailers to Combat Organized Retail Theft

Loss prevention has traditionally focused on shortage reduction through an emphasis on internal theft, external shoplifting, and operational controls. Resources to prevent these losses have been spent on developing programs and controls to stop loss from within the company.

More recently, retailers have identified the growing threat of organized retail crime   Read More


RFID: The Future of Supply-Chain Management

RFID: The Future of Supply-Chain Management

Imagine a microchip the size of a grain of salt attached to every single manufactured product in the supply chain. Every can of soda, package of razor blades, pair of jeans…everything. Each microchip contains a unique code. That means, in a carton of sodas, there are 12 cans with 12   Read More