LP Solutions

Facing rapidly evolving threats and coming off a year ending with weak sales, loss prevention, safety, and risk practitioners in the restaurant industry face a mounting number of critical questions.

Every facility uses some level of key control to ensure the utmost in safety for employees and asset security. Choosing a key control solution for your environment is only the first step.

Last month, police officers from the Berkeley Police Department in California raided a house as part of an investigation into a retail theft ring and found stolen cosmetics and other goods totaling $500,000, according to news reports.

Loss prevention executives are contending with a slew of challenges—budgetary pressures chief among them—yet there is reason for optimism.

Loss prevention professionals have historically depended on manufacturers to create the technology solutions that we use to protect our stores.

As the contract security guard industry has improved and become more professional, it has become tougher to assign all the blame to it when security partnerships go wrong.

Video surveillance is often at the heart of loss prevention strategies designed to address causes of shrinkage. Whether a retailer is taking aim at shoplifting, employee theft, returns fraud, tag switching, or sweethearting, a video solution can usually help.

Loss prevention practitioners today face long-standing yet persistent threats, such as employee theft and shoplifting, and increasingly contend with new ones ushered in by a more virtual world. As difficult as it is to combat these risks, they are fairly clear-cut. The battle lines are clearly drawn. LP’s mission is straightforward.

It’s probably not difficult for loss prevention practitioners to picture the value that surveillance video solutions can provide. After all, they’re often inundated with promotional descriptions suggesting that today’s video solutions are a panacea for sluggish store sales and high shrinkage.

As an adjunct professor for American Public University System’s Center for Applied Learning, Dr. Robert Pittman imparts wisdom to next-generation loss prevention leaders, for...