Tag: managing inventory


The Reinvention of Retail Stock Management

The Reinvention of Retail Stock Management

Everyone knows that the first rule of managing inventory shrink is being able to measure it. This means distinguishing between known and unknown loss and between malicious and non-malicious reasons for stock not being where it should be. And in an industry where loss prevention practitioners are increasingly more commercially   Read More


Why You Need a Retail Disaster Recovery Plan

Why You Need a Retail Disaster Recovery Plan

Loss prevention team duties don’t stop at preventing theft or managing inventory shrink. As evidenced by some of the major news stories of recent years, tragedies and crises in retail are bound to happen–and LP must meet the challenge. Are you prepared?

The Chipotle Lesson, the Waffle House Index, and similar   Read More


How to Succeed with Loss Prevention Analytics

How to Succeed with Loss Prevention Analytics

Loss prevention and asset protection practitioners know that their roles have shifted completely since the old days of catching shoplifters. These days, LP responsibilities can range from managing inventory to store safety and everything in between.

In his July-August 2016 feature article for LP Magazine, Johnny Custer, LPC, CFI, argues that   Read More


The Future of Retail Loss Prevention

This is the time of year when loss prevention executives often bring their field team into corporate headquarters or a destination location to review the past year’s results and discuss the objectives for the coming year. It is both a celebration of the team’s and individuals’ successes, as well as   Read More