Tag: ORC
CASE STUDY: Using AI to Detect Fraudulent and Abusive Employees
Artificial intelligence tools are now becoming a seamless part of our everyday lives. Just ask Alexa. Or Siri. Or the customer support chatbot for Lyft, Spotify, or Whole Foods. It stands to reason that retail loss prevention should be leveraging this new, valuable technology for its own toolkits as well.
ALTO US Featured on LA’s FOX 11 “In Depth” to Detail New ORC-Fighting Tool
ALTO US has announced that Karl Langhorst, executive vice president, recently joined retail loss prevention and security expert Joe LaRocca and Commander Blake Chow...
Does Retail Asset Protection Have an Image Problem in Communities?
With the incredible depth and breadth of the responsibilities that come under the industry's umbrella, it is unfortunate that the public has little understanding of all the industry does to protect the community far beyond catching shoplifters. [Sponsored]
Mission Driven
After a long career in loss prevention, including twenty-six years at Best Buy, Paul Stone, CFE, LPC, is now experiencing unparalleled results. Tempted out...
People On the Move: November–December 2018
David Marks is now an assets protection specialist at 7-Eleven.
Frank Sorgie Jr. was named senior LP manager at Academy Sports.
Eric Rose was named global...
RESEARCH: Retail Theft and Loss Prevention Analytics
Who shoplifts? There is no typical profile of a shoplifter. Based on our experience of interviewing offenders, shoplifters can be male or female, of any race, as young as five or well into their seventies.
Could Geospatial Predictive Analytics Help Us Get Ahead of ORC Adversaries?
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.
Retailers Increasingly Worried about ORC Statistics
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.
I Checked Out LPRC IMPACT and Here’s What I Learned
The first of October was another first for me. I attended the Loss Prevention Research Council (LPRC) IMPACT conference for the first time, in muggy but beautiful Gainesville, FL.