Tag: fraud
The Dual Role of Internal Audit and Loss Prevention
EDITORS NOTE: Sandy Katz is vice president of audit and control for Talbots, the specialty retailer focusing on misses, petites, and women's fashions, as...
Understanding the Impact of RFID on Retail
Over the past few years, it has been hard to pick up a newspaper or magazine without seeing an article about RFID. Publications such...
2005 Technology Preview
EDITOR’S NOTE: As loss prevention departments plan for 2005, many of you may wonder what new technologies or products will be available in the...
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...
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.
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...
Biometric Technology: Providing Security and Preventing Loss
The ability to accurately verify a person’s identity is of critical importance in today’s heightened security environment. Whether it is to prevent access to aircraft...
Trademark Enforcement
In the early part of November 2002, we received a call from an informant indicating she had information on counterfeit Tiffany & Co. merchandise...
The Quest for Excellence at Saks Fifth Avenue
EDITORS NOTE:Rosamaria Sostilio is vice president of asset protection for Saks Fifth Avenue. She manages the corporate and field organizations and is responsible for...