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...
Breaking the Retail Shrinkage Life Cycle
For those of who have been in the loss prevention business for a number of years, you are surely familiar with the retail shrinkage...
Beyond Shrinkage: Introducing Total Retail Loss
A major new report published by the Retail Industry Leaders Association (RILA) puts forward a dramatically different way of thinking about the problem of...
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...
How to Manage Inventory through General Loss Interviewing
"All my life's a circle; Sunrise and sundown," sang Harry Chapin.
It may be just a natural part of life, but it seems like what was...
Supply-Chain Shortage Control
Today’s retail environment is as competitively challenging as ever. The retail sector of our economy is in constant change, moving with evolving technology, adjusting...
Rethinking Loss Prevention and Shrink Management
The pace of change in the retail industry has accelerated dramatically over the past few years. The move to online shopping, emergence of mobile...
The Challenge of Using Target-Store Programs to Control Retail Shrink in Specialty Retail
In order to effectively manage retail shrink, loss prevention strategies must be applied differently according to the specific needs of the retail model. This...
LP101: Loss Prevention Audit Principles
The loss prevention audit is a means of providing an objective and consistent evaluation of company standards, operating procedures and internal controls. Using both...
Global Retail Theft Barometer Study Finds U.S. Retail Shrink Up
According to results compiled through the latest Global Retail Theft Barometer study, retail shrink is on the rise in the U.S., and it is...