Tag: lpm

The use of geospatial predictive analytics as a key tool in the fight against organized retail crime (ORC) is the subject of a feature article in the October 2018 issue of LPM Online.

Despite retailers reporting worrisome and worsening ORC statistics, resources to fight it may be on the verge of stagnating. Only 40 percent said their companies are allocating more resources to fight ORC, down from about half of retailers that noted increased spending in both 2016 and 2015.

The monthly column, "Confessions of a Forensic Interviewer," published in LP Magazine and authored by Stefanie Hoover of CONTROLTEK, has won a gold MarCom Award in the category of best blog. Congratulations, Stefanie!

From advanced spatial analysis to the value of analytics in LP, from a department store case study of artificial intelligence to an LPRC research study comprised of in-person offender interviewers, the latest issue of LPM Online gives you the information you need to become a better industry pro.

"Being a vendor is not a dirty word. You need to believe in your bones that what you're providing is critical to your customer's success."

"Around the age of ten, I started selling software demo kits alongside my dad," said Longo. "He was a brilliant man, passionately building relationships with innovators in the early days of software development, including (name drop) Bill Gates."

According to a 2017 National Retail Federation survey, organized retail crime (ORC) is on the rise. That's useful information for corporate industry executives, but loss prevention professionals in stores—those who see loss prevention issues like ORC every day—are well aware of the problem.

Law enforcement partnerships with the retail community can establish a foundation of mutual support. When agencies, retail investigators, and prosecutors make a sincere effort to share information in response to ORC concerns, they are more likely to resolve issues and make arrests that can halt theft operations.

Similar to eBay's process, dark web sellers often solicit and publish customer feedback so perspective buyers can evaluate the criminal's reputation for delivering illegal stolen identity information as described. How's that for honor among thieves?

What happens when the criminal behavior of a shoplifting ring is actually connected to something even more ominous than a high shrink rate? What about when it's tied to modern slavery?