Tag: open source inventory control

There is little consensus on what constitutes “loss” within the retail world nor how it should be measured. The terms “shrinkage” and “shortage” have been loosely applied to encapsulate some of the areas that generate loss, but they are not terms enjoying a clear and agreed-upon definition across the sector.

As online-only retailers continue to see expanded success, traditional brick-and-mortar stores must turn to new strategies to keep up with customer demand. Today's retail...

Over recent years, we've witnessed a resurgence of interest and substantial growth in the use of radio frequency identification (RFID) technology in retail—a veritable...

We hear the phrase everywhere. Yet few ask explicitly: what is omni-channel retailing, really? Omni-channel is defined by TechTarget as “a multi-channel approach to...

New technology in retail loss prevention emerges regularly. In this profession, it's important to stay abreast of any new technologies that may show potential and...

After completing the three-part series on the first fifteen years of Loss Prevention magazine, I promised to write an additional article that looks at...

For the past several years, “customer experience” has been one of the most talked-about topics in retail. Seminar after seminar at the past two...

These are clearly turbulent times in retail. How people shop is changing—and with it the strategies employed to attract and retain customers. Store technology...

The retail loss prevention industry has seen a pronounced evolution through the years. It is very different today than in the past, and it will...