Tag: inventory theory
No Product Left Behind with Axis (Axis)
In order to fulfill its promise of same- or next-day delivery, home furnishings retailer RC Willey manages $500 million of inventory in warehouses and...
Strategies, Messages, and Attitudes
This LPM Digital department serves to remind our readers that LP Magazine goes beyond the world of print. In fact, we have a comprehensive...
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...
Doing More with Less? Loss Prevention Business Myths vs. Reality
Over the past few years, the mantra of "doing more with less" has become so ingrained in corporate and business jargon that it goes...
Collaboration and Effective Loss Prevention Management
With limited resources necessitating efficiency and cost effectiveness, but standards still requiring responsiveness to customer needs, managers are asking questions about the best ways...
How to Profit from Your Loss Prevention Strategy
Analytics and retail: a match made for success. Yet the one mistake retailers make is investing in outdated, exception-based, long-form reporting tools. Prescriptive analytics...
The Apprehension of Shoplifters and Dishonest Employees Has Increased in 9 of the Past...
Over 1.2 million shoplifters and dishonest employees were apprehended in 2015 by just 25 large retailers who recovered over $200 million from these thieves, according...
StopLift Detects 1.5 Million Incidents of Unscanned Items at Checkouts Worldwide
StopLift Checkout Vision Systems has now detected more than 1.5 million incidents of scan-avoidance at both manned and self-checkouts at retailers around the world.
StopLift’s...
Winning the Super Bowl of Retail Alarm System Conversions
Headquartered in Camp Hill, Pennsylvania, Rite Aid is the third-largest drugstore chain in the United States. It operates nearly 4,600 stores in 31 states...
