How do LP practitioners deal with the pressures of conducting internal theft interrogations in a forthright and honest way?What are the boundaries when it comes to obtaining an admission? Read More
Tag: retail supply chain
ALTO’s Alliance solution is a finalist in two separate industry awards programs to be announced in the next few weeks. Read More
Few things are as frustrating for a loss prevention leader than discovering a bad packaging design they know will promote retail shrink— a feature which could easily have been prevented if those who created and approved the packaging had included shrink reduction in the initial design criteria.
For example, in a store, Read More
Organized retail crime (ORC) is a significant source of loss for US retailers. Exactly how significant is notoriously difficult to tease out, but new data from the National Retail Federation (NRF) puts average losses at $726,351 per $1 billion in sales, with a median loss of $260,870.
In addition to high Read More
By Jack Trlica
The latest edition of LPM Online is focused on organized retail crime (ORC). Here’s a look at the excellent articles in this issue. Please forward the link to this edition to your friends in loss prevention and law enforcement who are focused on ORC.
ORC Is Worrisome, Worsening…And at Risk of Read More
The retail supply chain network is a critical component of the retail machine. While many view the heart of retail as the interactions and events that happen within the store, this support system has always fueled the way. Through a complex web of processes and activity, a well-managed supply chain Read More
The Retail Industry Leaders Association (RILA) recently announced Sona Chawla, Kohl’s chief operating officer, will be the keynote speaker at the 2018 Retail Supply Chain Conference. The conference serves as a premier event for retail supply chain executives to network, learn, and share new and creative solutions for the industry’s Read More
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
By Adrian Beck
There is little consensus on what constitutes “loss” within the retail world nor how it should be measured. The terms “shrinkage” and “shortage” have been loosely applied to encapsulate some of the areas that generate loss, but they are not terms enjoying a clear and agreed-upon definition across the sector. Read More