Welcome To Our Loss Prevention Community Blog

Our Community represents many different views and opinions facing the numerous issues in this industry.
Please feel free to comment and post on various topics facing the Loss Prevention Community today.
Diversity of opinions and views are always encouraged.

Monday, February 23, 2015

Progressive Change in Loss Prevention...


First off, thank you to the 67,000 visits to our blog.  We appreciate you stopping by and reading some of our articles on Loss Prevention.

Change for most individuals can be a serious issue.  Comfort levels, not wanting to work any harder, job protection make change difficult for some.  If you need an example, think of the post office.  Mail delivered 6 days a week, on-site mail boxes, registered delivery and stamps that go up each year.  So, what is the problem, it works???  Well, the post office loses BILLIONS per year, every year.  The birth of the internet has changed how we communicate but, the post office fails to understand this and change their model to reflect the new needs.  This is probably one of the largest failures of our government in recent times.  In my opinion, it is protection of jobs that keep the model as it is today.

The Loss Prevention industry resists change in some ways.  Change takes selling of new concepts, risk taking that the change works and stepping out of one's comfort level.

Recently, the Loss Prevention Academy has developed a partnership with a forward thinking company, www.ThinkLP.com.  This company is leading the change in case management systems, communication and over-all management of a LP department.  Glad to see the team at ThinkLP had a vision on how to improve this area and make the strides to make it happen.  Everyone should view this site and see what a forward thinking company looks like.

Change is good.  It can be uncomfortable for many but, we need to embrace change !!!

Hope all is well. The Linkedin group for the Loss Prevention Academy is growing rapidly.  Join up to stay up to date on LP stuff...

Steve

Awesome Supplement at www.ThriveForFit.com


LPDT, LLC offers the only E-Learning training for Retail Loss Prevention at www.LossPreventionAcademy.com. Check out our awareness posters for shortage and safety at www.LPPosters.com. You can follow us on Twitter under LPACADEMYcom and Facebook under Loss Prevention Academy.

Sunday, December 21, 2014

Holidays over......ughhhh Inventory Time.

First off, thank you to the 65,000 people who have stopped by our blog since we went live. We appreciate the interest.



Black Friday is past.  Extended hours are a thing of the past, until next year. Massive returns are about to get back to normal.  Now what?  It is Inventory time !!!

Can a Loss Prevention person get a break?  Well, not until February for most.  Most retailers schedule their inventories during January.  Inventory levels are low and updating counts helps replenish stock levels to where they should be.

Inventory time is the when the store gets their report card for the year.  What is the shrink number? What were the results from all the programs that were implemented during the year?  Shrink meetings, new hire orientations, awareness programs, working the exception reports, identifying shoplifters, catching paperwork errors, BAD employees and so the list goes on.  Anyone area make the shrink number low?  Nope, there is no silver bullet to a low shortage number.  It is the result of implementing "block and tackle" basic programs that usually drive a good number.  Over creativity can be a negative here.

Prepping for inventory can be a lot of work.  It all comes down to...clean up the store.  All merchandise found under shelves, stockrooms, D and D cages and get it ticketed and in it's right place in the store.  Validate skus, work the defectives out and insure a clean cut off for incoming product. Done?  Not really.....validate, validate validate the accuracy of the counters, insure they are taking their time and not missing any product.  Done?  Not really, still gotta work the exception report that prints out after inventory.

Done?  Maybe....take a break and then remember that the shortage number for next year starts the day after this inventory.

Hope the holidays were good for everyone.  Exciting times for the Loss Prevention Academy!!!

Please join our group on Linkedin for daily updates on Loss Prevention...
https://www.linkedin.com/groups?mostRecent=&gid=4170938&trk=my_groups-tile-flipgrp

Steve


LPDT, LLC offers the only E-Learning training for Retail Loss Prevention at www.LossPreventionAcademy.com. Check out our awareness posters for shortage and safety at www.LPPosters.com. You can follow us on Twitter under LPACADEMYcom and Facebook under Loss Prevention Academy.                        
Amazing Supplement Program www.ThriveForFit.com

Sunday, October 5, 2014

It is that time of year AGAIN...

First off, thank you to the over 60,000 viewers who have stopped by our blog since we went live. We appreciate you taking the time to stop by.

It is that time of year.  Retailers are getting ready for the holidays. Holiday sets will be going up. Major banner ads will be hung causing havoc with motion detectors at night. Logistics will be ramping up to flood the stores with merchandise.  It is time for LP to make their holiday plans.

As with all holiday seasons, issues for Loss Prevention and Store teams goes up.  Many retailers will hire seasonal employees who knows their work life is limited.  This encourages them to steal faster if they are so inclined to do so.  Below are some points to consider while in the field....If we missed some that are important to you, feel free to post a comment.  We appreciate diversity of opinions.

*  Shoplifting goes up.  New employees trained on what to do?  Customer service them to death.

*  Robberies can increase.  Program in place to reduce the cash in the tills on a more frequent basis?

*  Receiving doors are up more?  Increased checks of back areas and dumpsters for stashed product?

*  Cashier accuracy is important.  Are they scanning accurately?

*  Don't ignore exception reporting.  Employees have a short window to steal via the registers.      "Sweet hearting" goes with the holidays it seems.

*  Are parking lot lights adjusted for the new hours?  Customer safety is important?

*  Forget to take armored car pickups from 5 days to 7?

*  How to mange the opening on Black Friday?  Customer flow needs to be maintained to avoid the  elderly and children from being trampled over.

Those are some things to address...

As a reminder, you can brush up on your Interviewing and Interrogation skills with the new online Wicklander-Zulawski (WZ) course.  You can see and take the 10 hour course at www.LossPreventionAcademy.com.

Enjoy the holidays...

Steve

Premium Performance Supplement
www.ThriveForFit.com


LPDT, LLC offers the only E-Learning training for Retail Loss Prevention at www.LossPreventionAcademy.com. In addition,we offer  FREE job searches for LP at www.LPjobsFREE.com.  Check out our awareness posters for shortage and safety at www.LPPosters.com. You can follow us on Twitter under LPACADEMYcom and Facebook under Loss Prevention Academy.

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