Tag: tips for loss prevention officers
How to Calculate Shrinkage in Retail
Understanding how to calculate shrinkage in retail is important. However, understanding why it is important to control these results and how we can impact company profitability by both improving sales and controlling retail shrinkage is the key to success.
NIOSH: The Science of Safety in the Workplace
Editor's Note: As we continue to work through the diverse challenges associated with the COVID-19 pandemic, it’s essential that all of us diligently explore...
Let’s Keep It Safe: Fatigue, Pain, and Loss of Productivity in the Retail Workplace
Workplace fatigue is a condition that all of us can face and must remain aware of as we move into retail’s most active season.
LPC and LPQ: Two Critical Loss Prevention Training Courses
Core competencies and standards of performance have been established by industry leadership and subject matter experts from across the retail loss prevention community to represent the needs and expectations of the profession.
NIOSH: The Science of Safety in the Workplace
Editor's Note: As we continue to work through the diverse challenges associated with the COVID-19 pandemic, it’s essential that all of us diligently explore...
How to Calculate Shrinkage in Retail
Understanding how to calculate shrinkage in retail is important. However, understanding why it is important to control these results and how we can impact company profitability by both improving sales and controlling retail shrinkage is the key to success.
How Well Do You Know These Essential Inventory Control Techniques?
From an LP perspective, a strong understanding of how retail inventory is managed is crucial to resolving shrink-related issues. One basic but important component is knowing the inventory control techniques and accounting methods used by your company. The two most common are the “retail” method and the “cost” method of accounting.
How to Minimize the Cost of Cash with the Right Retail Cash Management Solution
As loss prevention professionals in retail businesses that serve this demographic en masse (i.e. QSR, c-store, big box, etc.) know all too well, cash is still a prominent form of payment.
You WILL Become a Victim of a Credit Card Fraud Scam
Experian has noted that credit card fraud is the most common form of personal financial fraud. Statistics say that 47 percent of adults in the United States have reported being victimized by a fraudulent purchase on their credit or debit card, and that percentage is predicted to rise.
Loss Prevention Certification: Recently Certified – March 2019
We are pleased to recognize and congratulate these industry leaders who recently obtained certification. Despite their demanding schedules, they still saw the value and took the time to obtain this industry-leading credential.