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LP professionals may encounter challenges when incorporating Total Retail Loss into their strategy. Here is how to resolve them.
It’s important to remember that compliance improvements may not be as positive as KPI monitoring makes them appear.
The lack of self-checkout oversight by employees creates significant risk of mistakes or even fraud, especially transactional fraud.
Modern retail asset protection requires powerful tools to identify and eliminate internal and external fraud among all the categories of Total Retail Loss.
The last decade saw a remarkable amount of innovation in the LP and AP space. Numerous teams found themselves asked to do “more with less,” including increasing productivity with the same resources. Various technology solutions emerged to help labor-strapped LP teams do so, and we will continue to see their adoption throughout the next decade.
Analytics and retail: a match made for success. Yet the one mistake retailers make is investing in outdated, exception-based, long-form reporting tools. Prescriptive analytics...