When comparing the risk management and loss prevention disciplines, it is important to recognize that the two functions share many common missions. They both manage risk, they both try to minimize losses to the company, and they both need to assess the cost of the loss control solution versus the benefit Read More
Tag: risk analysis
You would like to think that if a serious crime occurs at a particular property that you could point to your prior thoughtful risk analysis, show the appropriate security measures you took in response, and quickly put the matter to rest. Read More
By John Tabor
A recent survey of retail security directors showed that almost half of those polled had been the victims of a supply-chain disruption directly related to cargo theft in the past year. This is a significant increase from recent years.
Envision the following scenario. You are at home around 8:15 at night Read More
“This is more like a business retreat than a conference,” Nancy Largay told the attendees at the Security100Summits Retail event in Scottsdale, Arizona. Largay is general manager of Focus Media Events. The audience included twenty retailers and twelve solutions providers brought together for educational presentations, small group discussions, one-2-one conversations, Read More
The control of losses in a distribution center is not that much different than in a store. The sources of loss are essentially the same. They may, however, manifest themselves in different ways.
Having attended loss prevention seminars and read the professional literature over the past 30 years, I have found Read More
By Mike Marquis
Over the past two years, several specialty retailers including Stride Rite, Wilsons Leather, and Fredrick’s of Hollywood have made the decision to outsource their entire loss prevention functions. The question many in the industry are asking is, “What are they thinking?”
How can a service provider provide the same level of Read More
Our nation’s courts are among the oldest institutions in this nation of laws, and their many distinct, disjointed, and undesirable systems are part of that heritage. So what is thestate of criminal history information in this country? How does a loss prevention or human resources professional designing a background screening Read More