Tag: inventory asset management


Breaking the Retail Shrinkage Life Cycle

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 life cycle illustrated in Figure 1. No doubt some of the businesses you have worked in have been around it a number of times.

It is a   Read More


Redefining Inventory Shrinkage—Four New Buckets of Loss

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 is getting worse, not better, despite unprecedented developments in technological solutions and growing loss prevention budgets.

Some retail companies across the globe are gleaming examples of how   Read More


2015 NRSS Executive Summary

For over twenty years the industry has recognized and used the National Retail Security Survey (NRSS) as a key benchmark for retail loss prevention. This retail security research project studies numerous elements of workplace-related criminality, along with identifying successful security counter-measures to protect people, assets, and brands in the retail   Read More


Weis Markets: 100 Years of Innovation

Weis Markets: 100 Years of Innovation

It’s no small feat to be in business for 100 years, much less thrive and grow, but Weis Markets has done just that. From their humble beginnings in Sunbury, Pennsylvania, Weis was founded by namesakes Harry and Sigmund Weis in 1912 as a single store. Today, Weis Markets operates 161   Read More


The U.S. Navy Exchange—Loss Prevention with a Family Touch, Global Reach

The U.S. Navy Exchange—Loss Prevention with a Family Touch, Global Reach

Here is a quick quiz—Name a multi-billion-dollar global retailer that is consistently profitable, has had only one owner in 200 years, offers attractive wages and benefits (medical/dental/life insurance/401K plan), and whose longest serving employees are reluctant to retire despite an attractive retirement package?

The answer is the Navy Exchange System. Technically, the Navy Exchange Service Command   Read More


Supporting the Mission of Giving Back to the Community

Supporting the Mission of Giving Back to the Community

Goodwill Industries of Southeastern Wisconsin and Metropolitan Chicago is one of the largest of more than 180 independently operating Goodwill agencies in North America in terms of annual revenue, number of programs, and the number of people in the community served. The organization currently employs over 4,245 employees working in sixty-nine program locations in twenty-three   Read More