Tag: loss prevention responsibilities
How Well Do You Know These Essential Inventory Control Techniques?
From an LP perspective, a strong understanding of how retail inventory is managed is crucial to resolving shrink-related issues. One basic but important component is knowing the inventory control techniques and accounting methods used by your company. The two most common are the “retail” method and the “cost” method of accounting.
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.
Taking a Data-Centric Role to Add Value to Your Company
EDITOR'S NOTE: Dan Faketty is vice president of asset protection for Southeastern Grocers based in Jacksonville, Florida. Prior to moving into a leadership role...
Retail Management: Policy Violations
Building a successful career in loss prevention has always been predicated on the commitment to professional growth and development. Working in a business as...
Weathering the Perfect Storm
Despite consolidation and narrowing margins, retailing is healthier now than it has been in many years. It is also true that retailers are doing more...