Tag: shrink reduction


Start with a Good Cause: Loss Prevention Strategy Examples

Start with a Good Cause: Loss Prevention Strategy Examples

In today’s retail business environment, everyone is seeking a competitive advantage. It could be in technology, people, business practices, or newly developed programs. The best strategy in the world, however, becomes meaningless if it is not executed properly.

I have been fortunate to have a high degree of success at executing   Read More


Keeping Pace with the Global Retail Supply Chain

Keeping Pace with the Global Retail Supply Chain

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


What Is Supply-Chain Management?

What Is Supply-Chain Management?

Retail doesn’t start and stop at the front door of our stores. Ultimately, our value depends on our ability to broaden our influence while protecting every aspect of the business enterprise. What is supply-chain management? In essence, it’s a critical component of the retail machine. While we may view the heart of   Read More


Today’s Top LP Jobs

Today’s Top LP Jobs

Area Asset Protection Leader, Big Lots, (GA)
Manages Asset Protection and Safety program activities designed to increase overall store profitability, reduce shrink and provide support to establish and maintain a safe and secure environment within stores in an assigned market. Conducts store visits and audits to support and evaluate operational compliance,   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