Tag: retail loss prevention software
LP Insider’s Top Five Inventory Shrinkage Articles of 2016
How to Calculate Shrinkage in Retail
Understanding how to calculate shrinkage in retail is a fundamental but critical concept within the loss prevention profession as...
Using Inventory Analysis to Untangle Fraud at 7-Eleven
According to the most recent data, the US retail industry loses nearly $60 billion annually due to shrinkage. As part of an increased focus...
Defining and Measuring Total Retail Loss
Professionals in the retail universe agree that loss is a problem. What they have not agreed on in the past is what actually makes...
People on the Move: November 2016
Professional advancement and building a successful loss prevention career can mean many things to many different people. For some individuals it may mean reaching...
Predictive Data Analytics
In the 2015 US Retail Fraud Survey, retailers across the country identified analytics and monitoring as the number one area of need. With the...
Fifteen Years of Loss Prevention, Part 2
Welcome to the second of three installments covering the first fifteen years of Loss Prevention magazine. I hope you enjoyed the first part in...
Beyond Shrinkage: Introducing Total Retail Loss
A major new report published by the Retail Industry Leaders Association (RILA) puts forward a dramatically different way of thinking about the problem of...
RILA Communications Team Grows by Two
The Retail Industry Leaders Association (RILA) has added two experienced professionals to its communications and marketing team, Christin Fernandez and Talana Lattimer. “We are...
Doing More with Less? Loss Prevention Business Myths vs. Reality
Over the past few years, the mantra of "doing more with less" has become so ingrained in corporate and business jargon that it goes...
The Unemployed Contingency Plan: Planning a New Direction for Your Loss Prevention Career
I shuffled out of my corporate office on January 31, 2009, carrying a small container with personal possessions and pictures of my two daughters;...