Inventory Shrinkage Costs $123.4 Billion Dollars to Retailers Globally

Inventory shrinkage costs $123.4 billion dollars to retailers globally

Inventory Shrinkage: The 2014-2015 Global Retail Theft Barometer

Now available on demand by clicking here.

Inventory shrinkage costs $123.4 billion dollars to retailers globally, and that, in turn, costs the average U.S. household approximately $335 dollars each year. The 2014 – 2015 Global Retail Theft Barometer, carried out by the Smart Cube and Ernie Deyle, a retail loss prevention analyst in inventory management, sheds light on asset protection and shrink trends around the world and across regions, in addition to individual countries in the U.S., Latin America, Europe, and Asia Pacific. This webinar is now available on demand and will present the key findings from the study, including the cost of retail crime by global region, which are the highest theft items around the globe, (Product that is easy to steal, with wide public appeal, and a ready market for resale) and provide qualitative insights of loss prevention and asset protection best practices from those retailers who reported lower shrink among the twenty-four countries surveyed.

Our speaker, Ernie Deyle, is one of the leading inventory management experts globally in the field of retail loss prevention, business risk assessment and risk mitigation services, asset protection and most notably in the area of performance improvement programs designed to impact the P&L Statement and Earnings Report. During his thirty plus year retail career, Deyle has worked with over one hundred and fifty retailers worldwide across multiple sectors & formats across the globe. He has served in a variety of roles from Chief Operation Officer, Global Leader for Profit Recovery, and Vice President of Loss Prevention for firms such as Cap Gemini and Arthur Andersen in the consulting space, and Kroger and CVS/Caremark for the retail industry. Today Senior Director – Crisis Management, Safety-Risk & Enterprise Resiliency at Sears Holdings Corporation.

This is a free webinar sponsored by Checkpoint and the Smart Cube, and presented by Loss Prevention Magazine. Click here to watch this webinar on demand.

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