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self-checkout-problems

Retail’s Big Self-Checkout Problems — and How to Solve Them

The ECR Community Shrinkage and On-shelf Availability Group recently conducted a two-year study on identifying self-checkout problems and their associated risks to the bottom line.
grocery store magazines

RESEARCH: Losses and Costs Associated with Grocery Store Magazines and Newspapers

The ECR Community Shrinkage and On-shelf Availability Group had become aware of growing concerns about the losses relating to the sale of grocery store magazines and newspapers in the UK—a category not normally associated with high levels of loss.
on-shelf availability

The Link Between On-Shelf Availability, Sales, and Loss

You are driving to work as a supermarket supply-chain manager. The hot weekend weather has continued, it’s a lovely Monday morning, yet you’re surprised when your boss calls so early. Agitated, he shares how he just discovered from the CEO that all stores were reporting a massive sales loss because they had sold out of strawberries.
grocery store magazines

Losses and Costs Associated with UK Grocery Store Magazines and Newspapers

We are all familiar with use of the word “shrinkage” to describe the losses experienced by retailers, although it is impossible to find any...
Inventory Shrinkage inventory control job description

LPM Insider’s Top 5 Inventory Shrinkage Articles of 2017

Inventory Control Job Description and Responsibilities Functions included in an inventory control job description can vary based upon the work environment.By Kelsey SeidlerWhat does a...
inventory loss prevention

15 Best Practices for Inventory Loss Prevention

In April 2014, the ECR Europe Shrink and On-shelf Availability Group received a special award from ECR Europe to celebrate 15 years of the...

EyeOnLP: Predictive Analytics and RILA Student Mentorship Program

Over the course of four months, students in the UT MSBA program worked closely with asset protection professionals at 7-Eleven to fully understand the organization’s business model and develop hypotheses about how analytics might be used to identify fraudulent activity.
inventory analysis, asset protection program

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...

2012 National Retail Security Survey—First Glance at the Results

I am back in the saddle again after undergoing hip replacement surgery this past summer. That is why you did not see me at the...

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