Loss prevention must provide effective oversight in order to keep these operations effective and productive. Here are a few things to consider when building an effective relationship with the third-party logistics provider. Read More
Tag: supply chain management
By Glenn Master
If you grew up in the 1970s, you may remember the popular public-service announcement for parents that asked, “It’s 10 p.m. Do you know where your child is?” The statement seemed almost nonsensical, but it shared an important message for parents to ensure that they always make a conscious effort Read More
By Bill McBeath
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 more than six billion tags used in 2016 alone, not just in apparel, but for other categories and uses as well.
We wanted to find Read More
EPIC Insurance Brokers and Consultants has recently announced the addition of enterprise risk management veteran Maurice (Moe) Edwards, retail loss prevention expert Walter Palmer, and their team of risk assurance and asset protection professionals.
This new national practice, based in Houston, TX, will operate as EPIC Integrated Risk Solutions with EPIC’s Read More
To stand still is to fall behind in the competitive world of retail. So retailers are always searching for new consumers and will typically go wherever they find them. It’s why there is never a shortage of news, such as Bloomingdale’s expansion into Kuwait in 2017.
But long before a retailer Read More
What Is Supply-Chain Management?
What is supply-chain management? Organizations must master it in order to compete in the global retail market.
By The Loss Prevention Foundation
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 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
Retailers of a certain age will be able to cast their minds back to the 1990s, when they didn’t need to look much further than the trusted combo of a point-of-sale system and supply-chain management tool.
A lot has changed in the decades that have passed: an ever-increasing amount of functions Read More
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
Having a general understanding of the customs process is a critical aspect of efficient supply-chain management. But what is customs? Customs is an authority or agency responsible for controlling the flow of goods into and out of a country. Depending on local legislation and regulations, the import or export of Read More