Loss Prevention as Data Experts? Supporting Total Retail Loss
- Catherine Penizotto
In the past, companies depended on LP to have a keen eye for theft and behavior patterns. LP professionals are seasoned data miners, trudging through spreadsheets and transaction data to look for clues. However, today’s technology provides new ways to give LP professionals the data they need to act ...
5 Gaps in your Retail Loss Prevention Strategy
- Corey Adams
Loss prevention shrinkage has cost the retail industry nearly $62 billion in 2020 alone, an all-time high. These losses can be attributed to countless issues like shoplifting, ORC, employee theft, and even accidental human error. We’ve put a list together of 5 loss prevention no-no's to avoid so ...