Colin Peacock
Improving Inventory Record Accuracy
Why inventory accuracy matters for the business and why it should be on the loss prevention organization's agenda.
Shaping the Future of Loss Prevention
At a recent ECR meeting in Madrid, the working group of fifty-plus retailers set about answering the same question: where does loss prevention see itself in 2025? This article summarises how these retailers saw the future, but the real point of this discussion is to act as a prompt for you and your team to find your own responses to the question.
What to Do about OOS in Retail
In the highly competitive retail sector, ensuring that the right product is on the right shelf at the right time is critical. Yet the problem of shelf out-of-stocks (OOS) remains as stubborn as ever. Could the LP team be the key to unlocking this new sales opportunity?
3 Principles to Help Your Team Counteract Bad Packaging Design
Few things are as frustrating for a loss prevention leader than discovering a bad packaging design they know will promote retail shrink— a feature which could easily have been prevented.
Why Reducing Food Waste from Grocery Stores Needs to Be a Top Priority
“We all know what we have to do together to reduce food waste, but it’s not happening.”
The Link Between On-Shelf Availability, Sales, and Loss
You are driving to work as a supermarket supply-chain manager. The hot weekend weather has continued, it’s a lovely Monday morning, yet you’re surprised when your boss calls so early. Agitated, he shares how he just discovered from the CEO that all stores were reporting a massive sales loss because they had sold out of strawberries.
The 11 Habits of Low-Inventory Shrink Retailers
In his bestselling book, The 7 Habits of Highly Effective People, Stephen Covey presented a holistic, principle-based approach for solving personal and professional problems....
Bad Packaging Design Can Lead to Shrink
Few things are as frustrating for a loss prevention leader than discovering a bad packaging design they know will promote retail shrink— a feature which...
Collaboration on Food Waste Reduction
EDITOR'S NOTE: This article first appeared in the Autumn 2017 edition of LP Magazine Europe.
In the English language, the word “set” reportedly has the...
15 Best Practices for Inventory Loss Prevention
In April 2014, the ECR Europe Shrink and On-shelf Availability Group received a special award from ECR Europe to celebrate 15 years of the...