Tag: internal theft
A Root-Cause Analysis May Help Reduce Shrinkage
As the industry transitions from bricks and mortar to “bricks and clicks,” the capabilities of existing systems are being stretched thin, and many retailers have not fully integrated the new technology required to manage loss and reduce shrinkage effectively in an omni-channel world.
Does Employee Monitoring Technology Change Staff Behavior?
Does technology-based employee monitoring reduce misconduct? Does it dampen or enhance worker productivity? What do you think?
ORC Theft Trends and Impact
A more effective way to attack this type of theft is to bring together retailers and law enforcement resources in order to share trends and case details.
How to Perform An In-Store Audit That Will Guide and Motivate Improved Performance
The three major causes that contribute to inventory shrink in any retail operation are internal theft, external theft, and operational compliance. An effective loss prevention program must focus on all three of these areas.
To Stop or Not to Stop the Shoplifter: Is This Still a Question?
Am I sure that he is attempting to steal this merchandise? "Yes, I am sure."
The Worldwide Impact of Shrink
In the United States and around the globe, shrink continues to be a challenge for retailers, especially as competition grows, profit margins constrict, and...
Managing Grocery Store Shrink Begins with Problem Identification
One question I have been asked frequently is, “How did you know how to battle retail shrink in the grocery business, especially considering your...