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Retail Inventory Shrinkage

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9 Necessary Practices for Successful Shrinkage Control

In the generally unyielding area of retail loss prevention, few US corporations have been highly successful in staunching the pervasive problem of inventory shrinkage—the...

EyeOnLP: Predictive Analytics and RILA Student Mentorship Program

Over the course of four months, students in the UT MSBA program worked closely with asset protection professionals at 7-Eleven to fully understand the organization’s business model and develop hypotheses about how analytics might be used to identify fraudulent activity.

Controlling Retail Shrinkage in the Specialty Environment

Retail shrinkage stems from a handful of causes that are rarely unique to a single retailer. Theft, whether internal or external, and operational error...

LP Insider’s Top Five Inventory Shrinkage Articles of 2016

How to Calculate Shrinkage in Retail Understanding how to calculate shrinkage in retail is a fundamental but critical concept within the loss prevention profession as...

How to Design a Loss Prevention Program to Attack Shrinkage in a High-Risk Store

Integrating an effective loss prevention program can yield dramatic improvements when it comes to mitigating inventory shrinkage. But aligning an LP department appropriately within...
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Predictive Data Analytics

In the 2015 US Retail Fraud Survey, retailers across the country identified analytics and monitoring as the number one area of need. With the...

Redefining Inventory Shrinkage—Four New Buckets of Loss

What does inventory shrinkage mean to you? For most companies, the answer to this question would be obvious: a significant problem, and usually something that...

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