Tag: shrinkage
Redefining Inventory Shrinkage—Four New Buckets of Loss
What does inventory shrinkage mean to you?
For most companies, the answer to this question would be obvious: a significant problem, and usually something that...
2016 Holiday Retail Trends, Sales Performance and Loss Prevention
Annual retail trends consistently emphasize the importance of the holiday season on overall retail performance. And although the face of retail continues to change...
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...
Maximizing the Customer Experience: An Analysis of Risks and Perceived Risks of e-Commerce and...
Throughout the digital era, our society has experienced some of the most fascinating new trends and technologies, many of which include a shift toward...
Profitect Expands European Footprint With Strategic New Hire, Yonatan Olsha
Profitect Inc., the leading prescriptive analytics provider, today announced the appointment of Yonatan Olsha as the Managing Director of EMEA at Profitect. Adding this...
Your Safe Can Do What? LP with Cloud-Based Cash Management
The traditional store safe served retailers well for decades. But those spin-dial, square boxes have come a very long way. Today’s cash management systems do much more than simply provide a safe haven for cash assets.
The Container Store Fifteen Years Later
When I was first asked to write a regular column for their brand new publication Loss Prevention magazine, Jack Trlica and Jim Lee suggested...
The Magazine, Certification, Baseball, and C-Suite Arrogance
EDITOR’S NOTE: James “Jim” Lee, LPC, is the executive editor and cofounder of LP Magazine. Lee has over thirty years of practical experience as...
Cargo Loss Prevention Starts with Business Unit Alignment
Shortage control efforts for cargo loss prevention should begin with a sufficiency review. The first step of this review is to take a closer...
Collaboration and Effective Loss Prevention Management
With limited resources necessitating efficiency and cost effectiveness, but standards still requiring responsiveness to customer needs, managers are asking questions about the best ways...