Tag: loss prevention audit
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
A question frequently asked by retail customers—and even some loss prevention professionals just getting started in their careers—involves many of the smaller stores where they shop, and how shoplifting and other retail shrink concerns are managed in retail stores with no loss prevention team.
First, few retail companies actually attempt to 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
In an increasingly competitive job market, the importance that having a well-constructed resume can have on your loss prevention career cannot be overstated. The resume provides a summary of an individual’s experience, education, skills, and qualifications. However, that is an oversimplification of the power that this document carries and the Read More
A well conceived audit program will provide a snapshot of the strength of the operational foundation of the store or facility. Loss prevention audit elements should reflect the spectrum of topics under evaluation (whether storewide audits or those focused on specific disciplines) and assess the scope of performance across a Read More
Professional advancement and building a successful loss prevention career can mean many things to many different people. For some individuals it may mean reaching a top leadership position at a particular company, perhaps serving as a director or vice president of loss prevention/asset protection. For others, it may involve gaining Read More
Randy Nickerson Promoted to Managing Director of Loss Prevention, Audit & Firearms Compliance for Dunham’s Sports
Randy Nickerson has been promoted to the Managing Director of Loss Prevention, Audit & Firearms Compliance for Dunham’s Sports. Randy was previously the Director of Loss Prevention, Audit and Firearms. Randy started with Dunham’s Sports in 1994. Prior to joining Dunham’s Sports Randy worker in Loss Prevention management positions at Read More
Store Employee Murder Trial Begins
Suspected Thief Takes Own Life
Amazon to Open More Retail Stores
Businesses Respond to Overtime Rule
6 Arrested in Gun Theft
Considering Multifactor Authentication
Man Arrested for Shoplifting Dies in Jail
Nickerson Promoted at Dunham’s Sports Read More
The loss prevention audit is a means of providing an objective and consistent evaluation of company standards, operating procedures and internal controls. Using both quantitative and qualitative metrics, they allow us to appraise and address a variety of performance efficiencies that shape and influence service, sales, shrink, appearance, supervision, administration, Read More