Tag: inventory control
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.
How to Manage Inventory: Shrink Visibility
At a time when store margins are under intense competitive pressure, retail shrink can make or break a retailer's bottom line. But retail shrink numbers are vulnerable to blind spots and imprecise metrics.
Inventory Control Job Description and Responsibilities
If you work in inventory control, your job description likely includes some combination of the responsibilities described in this post.
Introducing the Loss Prevention Furniture Alliance
After a few months of preliminary networking, the Loss Prevention Furniture Alliance (LPFA) was officially launched in December 2017.
Security at the Source
Manufacturer involvement in designing product protection is decades old, noted University of Florida research scientist Read Hayes, PhD, CPP. He remembers Walt Disney's Buena...
5 Omni-channel Retailing Examples in 2018
As online-only retailers continue to see expanded success, traditional brick-and-mortar stores must turn to new strategies to keep up with customer demand. Today's retail...
Supply-Chain Management: It’s 10 pm. Do You Know Where Your Package Is?
If you grew up in the 1970s, you may remember the popular public-service announcement for parents that asked, "It's 10 p.m. Do you know...
Does Concealment = Shoplifting?
It is a common misbelief among shoplifters that an individual must exit the store with unpurchased merchandise before being civilly liable for statutory civil...
EPIC Adds Maurice Edwards, Walter Palmer and Their Risk Solutions Team
EPIC Insurance Brokers and Consultants has recently announced the addition of enterprise risk management veteran Maurice (Moe) Edwards, retail loss prevention expert Walter Palmer,...
Go Beyond the Basics with Your Distribution Center Loss Prevention Team
Distribution center loss prevention provides a unique challenge to the industry. As with all LP programs, the distribution center loss prevention team is tasked with...