Tag: reduce shrink
Genetec And Appriss Retail Integration Enables Retailers To Instantly Correlate Video With Suspicious Transactions
Genetec has recently announced that its unified platform, Security Center, has been integrated with Secure™ Store, a profit protection and exception reporting solution developed by Appriss Retail.
Relying on Sales Won’t Eliminate Causes of Shrinkage
Can ignoring the causes of shrinkage and refocusing strictly on sales solve our inventory issues?
To Stop or Not to Stop the Shoplifter: Is This Still a Question?
Am I sure that he is attempting to steal this merchandise? "Yes, I am sure."
The Worldwide Impact of Shrink
In the United States and around the globe, shrink continues to be a challenge for retailers, especially as competition grows, profit margins constrict, and...
Can a Retail Buyer Help Reduce Shrink?
When LP teams and buyers work together, a retail organization can reduce shrink through effective inventory management.
Integrating Analytics in Loss Prevention
The ability to assess patterns in data, measure loss prevention programs, and make decisions in real time is fundamental in solving complex issues related to customers, sales, and loss.
The LP Revolution Starts with Analytics
Today, analytics is one of the most vital tools to statistically identify the key factors which highly correlate with loss due to shrink. Collecting data from various sources gives retailers a more holistic perspective of their store activity.
Experimental Design and Loss Prevention Programs
“Why do the iPads in the display area of the store continue to get stolen?” LP pros can conduct experiments to find out.
Active Deterrence: A New Tool for Product Protection (Indyme Solutions)
Nearly 23 percent of surveyed retailers report overall inventory shrink increasing to 2 percent or more of sales, while 65 percent of retailers expect...
Creating a “Culture” of Loss Prevention to Reduce Shrinkage (Digilock)
Policies and operations may be the foundation of a loss prevention strategy, but it takes significant cultural change, input from all levels of employees,...