Tag: loss prevention awareness
What Causes Shrinkage in Retail? Addressing the 4 Top Causes
Not every loss prevention tool fits the needs and budget of every retailer. However, a combination of tactics makes an impact and reduces a store's shrinkage.
Building the Foundation for a Strong Logistics Loss Prevention Department
Once, a distribution center supervisor told me about their former logistics loss prevention manager. During management meetings, this fellow took great pride in informing...
How to Manage Inventory through General Loss Interviewing
"All my life's a circle;Â Sunrise and sundown," sang Harry Chapin.
It may be just a natural part of life, but it seems like what was...
The Challenge of Using Target-Store Programs to Control Retail Shrink in Specialty Retail
In order to effectively manage retail shrink, loss prevention strategies must be applied differently according to the specific needs of the retail model. This...
2010 National Retail Security Survey Executive Summary
The final report of the 2010 National Retail Security Survey (NRSS) recently has been released in its nineteenth edition and has been posted on...
Shrinkage Awareness – Communications with an Edge
In a large organization like JCPenney, new hires are immediately given a tidal wave of information on policies, procedures, scheduling, customer service, and register training as...
Six Steps to a Successful Loss Prevention Program, Part 4
EDITOR’S NOTE: This is the fourth in a series of articles discussing a strategic approach to formulating a targeted loss prevention program. The first part appeared...
Boosting Employee Shrinkage and Safety Awareness in the DC Environment
Four major retailers discovered that reducing losses in their distribution centers (DCs) boiled down to one primary challenge—getting associates to take responsibility and accountability...
Web Technology: The Backbone to Pep Boys’ Refuse 2 Lose Awareness Program
When was the last time the president of your company walked into one of your stores and asked an associate about the loss and...