An audit is a tool – not a test. Loss prevention audits should serve to make a store or other facility more efficient and more profitable, working with the store teams and providing a means to train and develop the associates. It is vital that we approach our audit functions with Read More
Tag: loss prevention consulting
So far 2017 has been a very challenging year for retail companies. The number of retail companies that have filed for bankruptcy, closed locations, or dramatically reduced their budgets are clearly shaping this year to be one of the worst years in retail.
The challenge most retailers face is simply a Read More
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
“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
EDITOR’S NOTE: David Shugan, CFI, is the senior director of loss prevention for Carter’s based in Atlanta. Prior to taking over the leadership role at Carter’s, he was manager of investigations at Cracker Barrel Old Country Store. Before that, he held LP management positions with Pacific Sunwear and Chernin’s Shoes. 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
AccuTrak Inventory Specialists, an inventory auditing and loss prevention consulting company with affiliate offices across the United States, announced that its new technology, VoTrak, will be available in a Software as a Service (SaaS) model.
“We are revolutionizing the physical inventory process with VoTrak, which uses voice-enabled technology for increased accuracy 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