This is the holiday season. For retailers and asset protection professionals, it is an important, busy, and often difficult time. But Thanksgiving, Hanukkah, Christmas, and New Year’s are not the only days some of us celebrate. There are others. Here are just a few you may not have remembered.
We asked a cross-section of LP leaders how work has changed for them during the last year, what they’re spending time on now that didn’t consume the same bandwidth when 2019 was just getting underway. We got a variety of responses.
A well-managed supply chain—one that mitigates threats—is fundamental to a productive business. In the present worldwide assembling conditions, where stock moves abroad or through different cities and countries before appearing at a store, the risks of incident or damage from cargo theft, atmosphere, work stoppage, and even work-area blunders requires innovative and intensive supply chain risk management solutions for supervising successfully.
Most instructions to witnesses in an interview may seem pretty straight forward, simple to understand, and easy to comply with. But it never hurts to take the time to explain why these instructions are so important and why their conduct during the conversation can have such a big impact on the ultimate outcome of the conversation.
Though retail loss prevention has changed a lot in recent years, it is important to remember the basics of physical security, and that starts with maintaining good physical security hygiene. If you work with your LP professionals to create a smart physical security strategy, you can stretch your LP budget even further than you might originally think.
When getting the future right is a matter of real consequence, when it has the power to steer loss prevention down the right or wrong path, clickbait forecasting feels insufficient. A deeper perspective on the dynamics that are driving retail change, and on the foundation upon which changes will emerge, seems a better guide.
“When building business partnerships, it’s most important to demonstrate true interest in the retailer’s situations, needs, and goals. Solution providers must find meaningful ways to give back to the retail and loss prevention industry.”
A comprehensive approach to the active shooter threat is critical, suggests new research by two Minnesota criminology professors who compiled a detailed database on “mass shooters” in the US. That research suggests that active shooter training may, in some cases, actually be training the shooter.
Organized retail crime affects almost all merchants and more than two-thirds of those surveyed have seen an increase in the past year, according to the 15th annual ORC study released today by the National Retail Federation. Read the key findings and download the study.
In an exclusive interview, LPM Executive Editor Jim Lee speaks with Kurt Leisure, vice president of risk services for The Cheesecake Factory. Leisure, who is responsible for risk management, insurance claims, safety, and loss prevention, provides valuable, wide-ranging insights on these important retail industry topics.