Some 43.8 percent of loss prevention departments operate a lost-and-found program, according to a survey of 238 executives by SDR/LPM in 2012. Any mishandling or theft of found property while under LP’s control is sure to give the department a black eye and reflect poorly on those in charge. What Read More
Tag: loss prevention office
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Stan Welch, LPC is the vice president of loss prevention for JCPenney. Prior to joining the company in 2007, Welch held a wide range of positions with a number of major retailers over the course of his loss prevention career. He is also active in the industry as chair of Read More
Which areas in your company have the greatest shrinkage reduction opportunities?
Is there data that loss prevention can use to help determine the root causes of shrinkage in these areas?
Are there new ways of identifying losses that can be uncovered by comparing information between different systems?
At Nordstrom, we addressed these questions Read More