An Important Proactive Component of Effective Disaster Readiness
Loss prevention professionals are increasingly challenged with new corporate responsibilities. One such area is business continuity. Understanding the steps for implementing an effective business...
Taking Auditing to the Next Level at Staples
No retailer would ever want to go back to the pre-UPC days when cashiers rang up sales by hand, inventories were performed manually, and...
LP Hotlines Are Heating Up
Sarbanes-Oxley has turned the attention of top management to a loss prevention standard, the anonymous hotline.
Twenty years ago, the concept of providing an anonymous,...
LP and HRManaging Two Seemingly Divergent Functions
EDITORS NOTE: Dan Doyle is vice president of loss prevention and human resource administration for Bealls Inc. of Bradenton, Florida. He is not only...
Recruiting LP and Safety Professionals at Lowe’s
The success of any organization is determined by the talent of its people. In his book Good to Great: Why Some Companies Make the Leap…and...
Reorganizing Loss Prevention through Talent and Technology
EDITORS NOTE: Paul Jones is senior vice president of loss prevention for Limited Brands. He is responsible for overseeing the loss prevention, shortage control,...
Loss Prevention Takes Flight in Airport Shops Nationwide
The recent success in loss prevention at The Paradies Shops began in 1998 when Darian Griffin joined the company as a loss prevention manager....
Retooling the LP Strategy at Home Depot
If you're looking for the perfect LP strategy that will resolve accounting errors, stanch losses to internal theft, and scare away thieves, you can stop searching. It doesn't exist.
Retail Leadership Redefining the IMRA
EDITORS NOTE: Sandy Kennedy is president of the newly renamed Retail Industry Leaders Association (RILA), formerly International Mass Retail Association (IMRA). She came to...
Procurement Fraud: Buyer Beware
There is arguably no area more susceptible to fraud than procurement. Why? The answer revolves around a disconnect between how organizations view internal buyers of...