Tag: loss prevention certifications
3 Ways Modern Retailers Can Minimize Enterprise Mobility Risks
In an effort to give employees access to corporate resources from anytime and anywhere, an increasing number of retailers are introducing Bring Your Own Device (BYOD) programs.
What Is Supply-Chain Management?
Retail doesn’t start and stop at the front door of our stores. Ultimately, our value depends on our ability to broaden our influence while protecting every aspect of the business enterprise, including the supply chain.
9 Tips for Developing Your Document Retention Guidelines
The retention of an infinite number of documents may become both expensive and impractical. But the premature destruction of certain documents may lead to the loss of valuable information. Where's the happy medium?
Relying on Sales Won’t Eliminate Causes of Shrinkage
Can ignoring the causes of shrinkage and refocusing strictly on sales solve our inventory issues?
Store Detective Responsibilities and Characteristics
Two US retail chains participated in an extensive study of how to select individuals most likely to "win" as in-store loss prevention specialists (store detectives or “SDs”). Following are some of the highlights of this study.
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.
Interview and Interrogation Training: Perspective
When I say "perspective," what I'm really trying to talk about is how I might view a situation versus how you may view a situation, versus somebody else, versus the way a situation actually occurred.
Low Tech Still Works for Detecting Counterfeit Currency
In 2015, $78 million in counterfeit currency was passed in the United States, according to a report by the US Secret Service. Nearly 7o percent of that $78 million was created with the use of digital printing technologies.
Interview and Interrogation Training: Explanatory Denials
The subject may state something like, “I wouldn’t have taken that money because I love my job.” How do you handle that type of denial?
Do Retail Pre-Employment Assessment Tests Minimize Turnover?
More retail industry employers are using pre-employment screening tests to find better employees.