Resources
Category archive for Loss prevention
By Larry Alton
Inventory shrink is a challenge that will never fully go away, but you can reduce it to a minimum to avoid compromising your profitability, and it starts by putting in place a solid inventory tracking method.
Read more
When it comes to retail inventory shrink, ignorance isn’t bliss, and the less you know, the more you stand to lose.
Read moreBy Ray Hartjen
Loss Prevention remains a critical function in retail, with shrinkage now accountable for 1.5 percent of total sales. With a few critical LP tactics though, brands can mitigate risks and recover costs.
Read moreBy Ray Hartjen
Chargebacks are a seemingly inevitable part of business if your retail store accepts credit card payment, yet a few precautionary, proactive processes can both lower the number of chargebacks incurred and minimize the financial impact.
Read more
By better understanding threats and vulnerabilities to deploy a solid baseline of security, retail stores are able to more fully mitigate risks and concentrate on delivering exceptional shopping experiences.
Read more
Each year, retail’s Loss Prevention function takes center stage at NRF Protect – here’s three key takeaways from this year’s show.
Read more
As retailers mature along the analytics/technology adoption curve, applications for Loss Prevention and Asset Protection continue to expand, and its evolution brings down cross-departmental silos and shares investment resources across functional areas.
Read moreBy Wes Wernette
Cash handling isn’t complicated, but it does require your business be proactive in outlining the processes and procedures that reduce risk and ensure the cash you earn remains with your business.
Read moreBy Ray Hartjen
Retail Loss Prevention professionals are tasked with more responsibility than ever before, but often with tight resource constraints that require not only effective solutions, but efficient ones as well.
Read moreBy Ray Hartjen
Retail shrinkage cost retailers over $42 billion annually and lops 1.5 points of margin right off the top. But, Loss Prevention professionals can fight back, and as they do, they show immediate results on bottom line profitability.
Read more