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Adam Smith, CFE, CFI
Armed Robbery Prevention—When It’s an Inside Job
As long as a retailer’s doors are open for business, there is risk of of a store robbery. If this is the case, how are we to be proactive in armed robbery prevention?
The Moral, Societal, and Legal Obligation for Workplace Theft Prevention
At first, this may seem like an issue that involves only the retailer. However, the decision to ignore generally accepted cash and merchandise controls has far-reaching implications.
Process Loss and Cross-Functional LP Teams
Process loss is a general term that describes inefficient problem-solving in groups. Psychologists found that groups tend to focus on the information that they have in common, rather than their specialized knowledge.
Relying on Sales Won’t Eliminate Causes of Shrinkage
Can ignoring the causes of shrinkage and refocusing strictly on sales solve our inventory issues?
Objective LP Investigations versus Confident Interviews
As a loss prevention professional, chances are that you conduct internal theft interviews. Furthermore, it’s probably the skill that impresses our business partners the...
Could Bitcoin Stave Off Credit Card Hackers?
The idea that an Internet currency could solve the credit card hacker epidemic may seem counterintuitive. After all, hacking is a product of the...
How to Get a Harvard Education for Free
Loss prevention professionals seem to be an eager group for continuing education. There are some great certifications in our industry, and I would encourage...
Why Bitcoin May Be the Solution to POS Data Hacks
The idea that an Internet currency could solve the hacking epidemic we’ve witnessed over the past few months may seem counterintuitive. After all, hacking...