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Tag: retail loss prevention software

careers in loss prevention

The Most Successful Careers in Loss Prevention Start with Volunteering

We all know that volunteering is a good thing for furthering our careers in loss prevention in terms of visibility to company leadership and demonstrating that you are willing to go above and beyond. However, many people who volunteer don’t truly participate.

Loss Prevention Certification: Recently Certified November 2018

The Loss Prevention Foundation is pleased to recognize and congratulate the following individuals who have successfully completed all of the requirements set forth by the board of directors to be LPQualified (LPQ) and/or LPCertified (LPC).
Electronic Article Surveillance Source Tagging, eas tag

Electronic Article Surveillance (EAS) Source Tagging: 20+ Years of Innovation

Every so often, a simple idea catches the imagination, fervor, and engagement of a group of people and is developed into a successful practice that revolutionizes a business. Electronic article surveillance (EAS) source tagging is definitely one of those.
shoplifting penalties

Shoplifting Penalties Rarely Benefit Retailers These Days

Various factors, including tight budgets, increases in serious crime, and shrinking availability of patrols have affected police procedures and shoplifting penalties.
retail loss, inventory shrinkage definition

The 60-Second Guide to Total Retail Loss

There is no agreed-upon definition of what constitutes "shrinkage." Most estimates are based only upon measures of merchandise losses where the cause is unknown. The total retail loss concept offers a new definition of loss.
reduce shrink

Can a Retail Buyer Help Reduce Shrink?

When LP teams and buyers work together, a retail organization can reduce shrink through effective inventory management.
organized retail crime

How NOT to Investigate Organized Retail Crime

This post's findings are the result of more than thirty retail and law enforcement interviews expressly asking for opinions and thoughts on investigating ORC. It's from the archives, but its advice is timeless.

Fraud Detection Techniques Using Big Data

Deep inside the data warehouses of companies across the world, billions of dollars are trapped in the subtle variations between the binary 0s and...
inventory analysis, asset protection program

How an Asset Protection Program Can Leverage Predictive Analytics

In the 2015 US Retail Fraud Survey, retailers across the country identified analytics and monitoring as the number-one area of need. With the average...
loss prevention technology

Making the Most of Loss Prevention Technology

More than ever, it seems that those in loss prevention are being faced with a plethora of new loss prevention technology solutions. In fact,...
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