Tag: shrinkage
Integrating Data to Maximize LP Effectiveness
Which areas in your company have the greatest shrinkage reduction opportunities?
Is there data that loss prevention can use to help determine the root causes...
LP’s Role in Preventing Workplace Violence
“Loss prevention doesn’t handle threats of violence.” This statement was part of the testimony of the vice president of human resources during her deposition...
Self-Checkout Reaches Critical Mass
David R. Humble got the idea as he stood in a long grocery checkout line in south Florida in 1984. The customer in front of...
The Continuing Evolution of LP in the Grocery Industry
EDITORS NOTE: Kathleen Smith, CFI, is vice president of loss prevention for Safeway where she is responsible for security and loss prevention for over...
Writing a Prescription for Controlling Shrink
EDITORS NOTE: Ernie Deyle is the vice president of lossprevention at CVS/pharmacy. Since joining CVS in 2002, thecompany has undergone dynamic changes in the...
Selling Your Proposal to Senior Executives
“In God we trust. All others bring data.”
In the September/October issue of LossPrevention, we focused on mapping out the process by which we sell a...
Hot Products—Protecting Our Best Stuff
Think about it, much of our merchandise is occasionally purchased or lost. But some items just seem to fly out of the store.
Recent research in the United...
The European Road Map—Managing Stock Loss in the Retail Sector
If shrinkage management could be viewed as a journey, then recent European experience would be one not only lacking a final destination, but one plagued by...
Developing a Strategy for Professional Development and Shrinkage Reduction
EDITORS NOTE: William M. BillTitus is vice president of lossprevention, environmental health,and safety for Sears, Roebuckand Co. He is responsible for overseeing over 2,400full-line...
The Human Factor
In a merger completed just over a year ago joining two of the largest office supply product companies, Boise Office Solutions and OfficeMax, a lot of...