The loss prevention budget is typically the smallest in most organizations. This is especially true when it comes to acquiring technology. But what if you could somehow tap into the budgets of other departments to boost your loss prevention equipment budget? What if other people in your organization could help Read More
Tag: loss prevention equipment
Are you in charge of your company’s technology budget? How do you know whether the new loss prevention equipment you’ve just rolled out in five stores is performing as it should? What metrics are you using to gauge its success?
Today’s LP practitioners must be able to provide justification for Read More
Imagine starting your day off receiving budget approval for new loss prevention equipment to protect your high-shrink departments in ten different stores. You are thinking of unrolling this technology to other departments based on the performance in shortage reduction, but how do you measure it? Do you measure the stores Read More
Despite consolidation and narrowing margins, retailing is healthier now than it has been in many years. It is also true that retailers are doing more to protect themselves…and their balance sheets…against margin erosion as well as the next cyclical downturn in sales. One measure adopted by almost every multi-store retailer is a more aggressive Read More
We have the responsibility to be there for our troops—whenever and wherever they go—to ensure they are provided with the goods and services they need to sustain their morale and fighting spirit. To that end, the AAFES loss prevention division includes headquarters and field operational staff of about 800 LP Read More