Tag: loss prevention programs


A New Landscape for Supply Chain Loss Prevention

A New Landscape for Supply Chain Loss Prevention

Supply chain loss prevention has evolved significantly across the retail industry in recent years, a message that echoed loud and clear across the halls at the 2017 International Supply Chain Protection Organization (ISCPO) conference in Dallas, Texas last week. The advancements in retail technology and the ongoing growth of omni-channel   Read More


How to Define Loss Prevention

How to Define Loss Prevention

“So, what do you do?”

This is common question that for some loss prevention professionals presents a perplexing set of thoughts. “How do I adequately satisfy the inquirer’s request, without overcomplicating the dialogue?”

At a retail event, the response “loss prevention” is sufficient, or maybe “asset protection,” depending on the retailer. At   Read More


Friendly Associates Function as Theft Deterrents

Friendly Associates Function as Theft Deterrents

Retail is a business, and businesses are in business to make money and enhance profits. But profit enhancement is a multifaceted concept. We build our profit base not only through our ability to sell products, but also by learning the best ways to approach shrink reduction in retail stores.

Historically, the   Read More


Target Store Loss Prevention Programs

Target Store Loss Prevention Programs

Target store loss prevention programs are a key approach to help us to drive down shrink at stores that experience the highest loss rates. They are designed to focus our resources on the areas of the company where losses are highest. Certainly, the most compelling reasons to implement a high-shrink   Read More


The ROI for RFID Technology in Retail

The ROI for RFID Technology in Retail

Over recent years, we’ve witnessed a resurgence of interest and substantial growth in the use of radio frequency identification (RFID) technology in retail—a veritable RFID Renaissance—with well over a billion tags used this year, not just in apparel, but for other categories and uses as well. It is being used   Read More


In-Transit Cargo Crime Risks and Repercussions

In-Transit Cargo Crime Risks and Repercussions

Envision the following scenario. You are at home around 8:15 at night watching television with your wife or kids when the phone rings. The caller is one of your regional LP managers in the Southeast. He tells you that you just had a tractor load of high-end apparel worth $2 million   Read More