Tag: shrinkage

LPM Media Group is on site at Walmart's Asset Protection National Meeting this week in Rogers, AR, where the theme of the event centers around embracing change to enable the transformation of the business while reducing losses and accidents.

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.

Investigative interviewing techniques include profiling, anticipating problems, and asking what the fact giver wants to know.

The currently described retail risk management research was an attempt to gauge whether and how retail chains segregate stores into risk and vulnerability bands for more precise protective support.

Can ignoring the causes of shrinkage and refocusing strictly on sales solve our inventory issues?

How can US retail shrinkage rates be so high, when the United States ranks in the top five countries in terms of investment in loss prevention technology?

Randomized controlled trials (RCTs) are the gold standard in evidence-based research. At first glance, they seem simple enough: Give some patients the real drug, give some the placebo, and see what happens.

Evaluating interviewer performance is one area that can be difficult to measure against the department’s overall expectations, but can be a major return on investment for the interviewer and organization.

"In 1995, our president and CEO said to Hibbett Sports store employees: Your first job with the company is to protect the assets of the company."

While it would be impossible to give an exact formula for success in every company and project, it is reasonable to explore a framework that can be used to increase our chance at getting our proposal approved and implemented.