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inventory shrinkage definition

Beyond the Usual Inventory Shrinkage Definition: Total Retail Loss

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.
issues in asset protection LPM 0318

These Leaders Are Solving the Biggest Issues in Asset Protection

The APLC provides a platform for industry leaders to come together to address challenges and issues in asset protection.
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6 Upcoming Loss Prevention Conferences and Events

2019 is in high gear, and we're just getting started. Let LPM help you find your next networking opportunity, retail technology expo, or training course.
LINK SC Conference

LP Must Partner with Supply Chain to Solve Retail’s Omni-channel Challenges

While omni-channel was indeed a significant point of discussion throughout the conference, loss prevention and risk management issues were hardly mentioned. Maybe I shouldn't have been surprised, but I was.

Mark Stinde Named Senior Vice President of Asset Protection at JCPenney

Stinde was most recently vice president of asset protection at Dallas-based 7-Eleven.
manufacturer to retailer

From Manufacturer to Retailer: Product Protection Is Everyone’s Job

Solutions to address theft and loss are often led from the retailer side of the partnership, but manufacturers do face responsibilities when it comes to product protection. From manufacturer to retailer, product protection is everyone's job.

RILA Recognizes Profitect as Leader in Data Analytics, Industry Innovation

The Retail Industry Leaders Association (RILA) recently recognized Profitect, a leader in prescriptive analytics software, as a valuable strategic partner to the Association and...
point-of-sale activation

Why Point-of-Sale Activation Technology Has Been Heralded as a Kingmaker

In a world where opposites attract, denial of service could be a force for good and put to commercial use, particularly in retail where organized retail crime gangs and opportunist thieves have had a free hand at disrupting legitimate business.

Cheryl Blake Promoted to Division President at Verisk Retail

Cheryl Blake has been promoted to division president at Verisk Retail. She was most recently the vice president of business development for the solution...

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Get your FREE "Optimizing Your Employee Theft Policy" Guide

Promoting a culture of honesty requires implementing a strong employee theft policy and internal awareness program.

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Get your FREE "What is Loss Prevention?" Guide

Read this report to discover the history of retail security and get a glimpse at the rapidly evolving loss prevention profession.

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Get your FREE "Issues with ORC and Shoplifting" Guide

The safety of store associates, customers, and millions of dollars in potential litigation rely upon understanding these issues.

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Get your FREE "CCTV, Alarms, and Security Training" Guide

This report shows how CCTV/video and alarm systems can enhance the safety and security of retail locations.