Tag: lpm

The retail model of a store like Goodwill is a unique one. When you're faced with handling loss prevention in an environment that accepts and sells donated goods—where traditional inventory tracking is a foreign concept—it can present some unusual challenges.

Take the time today to remember the 2,400 US soldiers, sailors, and civilians who lost their lives in the bombing of Pearl Harbor.

You CAN drive down costs without undermining your relationships with security services suppliers.

On the surface, supply-chain risk management has a simple goal: to identify and mitigate risks along the supply chain to ensure maximum security. With a closer look, however, the the elements at play get a little more complex.

A review of one recent mass shooting incident suggested some valuable questions that a retailer can ask to identify potential flaws in its procedures for handling potentially dangerous store associates.

"Perfect your interpersonal communication skills, distinguish yourself, and keep learning and growing daily. Raise your hand for those tough tasks and assignments. Remember, wherever you go, whatever you do, distinguish yourself. Be so good they can't ignore you!"

Last week's LPM Insider survey asked whether respondents thought they were earning a fair wage for the work they do. One reader commented, "Companies that are too tight with their money lose loyalty, and then their best people. Then they wonder why. The door swings both ways."

"If you don't have the answer or the service that helps your partners, go find it for them and share it, so they know you're there to help them be successful."

Does your loss prevention department have a data scientist on the team? Chances are, you don't, but it's not a bad idea to start thinking like one.

According to a survey by SDR/LPM, loss prevention executives are more likely than security counterparts in other industries to believe that a pilot study or field test is an effective way to show senior management that a project is a good idea.