Tag: loss prevention audit


Controlling Retail Shrink in Stores with No Loss Prevention

Controlling Retail Shrink in Stores with No Loss Prevention

A question frequently asked by the typical retail customer—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 and foremost, few retail   Read More


Supply Chain Inventory Management with Your Distribution LP Team

Supply Chain Inventory Management with Your Distribution LP Team

Loss prevention in distribution centers (DCs) 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   Read More


Recognize Your Resume as a Personal Marketing Strategy

Recognize Your Resume as a Personal Marketing Strategy

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


People on the Move: May 2016

People on the Move: May 2016

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 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


LP101: Loss Prevention Audit Principles

LP101: Loss Prevention Audit Principles

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


12 Months Into Becoming World Class

12 Months Into Becoming World Class

Many loss prevention professionals begin their career in established departments where they are lured to the structured succession planning, continuing programs, and enduring policies. However, there are LP executives recruited to develop a department or strategically expand an existing department. Their role is to develop and coordinate an infrastructure necessary to execute new   Read More