Tag: inventory theory
2017 National Retail Security Survey Now Available for Data Submission
The 2017 National Retail Security Survey (NRSS) input form is now available for retailers to provide shrinkage and other loss prevention benchmarking data. Dr....
Biometrics: One Type of Employee Theft Insurance?
For retailers around the globe, one of the greatest sources of loss comes from the inside. The problems of employee dishonesty and payroll fraud are...
LP Insider’s Top Five Shoplifting and ORC Articles of 2016
Does Concealment = Shoplifting?
In most states, intent is the driving factor in determining whether to charge a shoplifter.
It is a common misbelief among shoplifters...
How to Design a Loss Prevention Program to Attack Shrinkage in a High-Risk Store
Integrating an effective loss prevention program can yield dramatic improvements when it comes to mitigating inventory shrinkage. But aligning an LP department appropriately within...