Tag: lp jobs

Contemporary loss prevention professionals still maintain responsibility for retail security. But they also must handle employee theft issues, data protection, safety and risk management, inventory audits, legal compliance, and matters related to organized retail crime and fraud.

Visual information is no longer the only — and perhaps not even the primary — component of a video surveillance system. Images are still valuable, but it is the data inherent within them that provides for new applications and value. A camera is now a computer with a lens. Video once provided LP with extra eyes. Now it also offers brains.

During this critical time of year, every possible step that we can take to ensure a successful season must be planned and prepared, including our loss prevention plan.

Sometimes, new retail security solutions or strategies cut costs far beyond what LP was thinking would happen. In other cases, cost savings disappoint. A national study by SDR/LPM looked at this expectation gap.

Traffic and conversion analytics focus on what happens before the transaction is recorded in your POS or CRM system...if one is ever recorded at all. That's what makes traffic and conversion data especially useful. Together, they tell us about the sale we almost had.

An expert shares insights on building effective video surveillance systems and how to get the most out of existing systems to help maximize retailers' options and investment.

As we march closer to 2020, a few common themes have emerged among the research questions that the Loss Prevention Research Council (LPRC) receives...

New retail technology has evolved exponentially over the past few decades, especially when it comes to analytics. Originally, descriptive analytics was the primary investigative tool...

More than ever, it seems that those in loss prevention are being faced with a plethora of new loss prevention technology solutions. In fact,...

EDITOR'S NOTE: This article is based on the experiences of a well-known retailer that implemented a facial-recognition security camera system. Because of the potential value...