AI Helps Retailers Root Out Fraud in Online Order Fulfillment
To retail customers on couches—if they were to give it a second thought—virtual shopping might seem magical. With a few mouse clicks or screen touches, they can conjure up just about anything to appear...
View ArticleWhere Will You Find Value? A Deep Dive into the Power of Integration
Big or small, a retailer has a range of technology options to improve security and loss prevention—but none of those should be used in a silo, according to Dan Reese, director of vertical market...
View ArticleBeyond Safekeeping: How Cash Analytics Will Reshape Retail
Traditionally, cash management systems have focused almost solely on security. While it's certainly a fundamental element—and one no less critical today—enhanced security features have done little to...
View ArticleHelping the Enterprise, Helping LP
The upheaval in physical retail has had multiple ramifications for loss prevention professionals, but perhaps none more pronounced than its impact on which projects LP should advocate.
View ArticleIntegrating Technology and Contract Officer Management
The convenience of today's app-driven world is all around us. Whether we're on the road, ordering a ride or mapping a route, or at work, creating notes, scheduling a meeting, or getting a reminder that...
View ArticleReduce Employee Theft by Removing Opportunity
Not every solution needs to feed into the crime prevention arms race. An important foundation, say researchers and industry experts, is for retailers to assess whether their basic control policies and...
View ArticleWill Retailers Push Past Frustration to Jump-Start the Future of Shoplifting...
The stakes for retailers are immense. Because most misdemeanor crime is petty larceny, they are the principal victims when states raise felony thresholds to reduce incarceration. [Sponsored]
View ArticleAs the Meaning of Asset Protection Evolves, How Should Loss Prevention...
The critical necessity of preventing loss and theft to physical goods has not been supplanted—but it has certainly been added to. [Sponsored]
View ArticleA Fresh Approach to Fraud Prevention May Allow Self-Checkout to Finally Meet...
While it's certainly the future, self-checkout is also a mature technology with persistent, unaddressed problems in need of a fresh fraud prevention approach. [Sponsored]
View ArticleThe New Math of Theft Deterrent ID Labels
Identification is at the heart of security. For cybersecurity, for example, you must distinguish between legitimate and nefarious network traffic. For access control, you must know who’s who in order...
View ArticleAligning Theft Prevention with Changes in Criminal Behavior and Business Needs
Today’s shoplifters are becoming more brazen than in the past, according to a recent survey by the National Retail Federation. This disturbing trend is putting enormous pressure on retailers that want...
View ArticleGPS Technology Takes Asset Protection to the Next Level
As violent retail robberies go, it was fairly typical. Three individuals entered a Memphis, Tennessee, pawn shop in June and robbed it, making off with cash, jewelry, and a firearm. The heist resulted...
View ArticleCustomization, Cooperation, and Culture: 3 Keys to Successful Retail Innovation
It seems increasingly clear that innovation is the difference maker in today’s great retail shakeout. Success—and perhaps even survival—rests squarely upon it. But innovation in today’s world of retail...
View ArticleUsing Stores to Enhance the Customer Experience Is an Opportunity—But Online...
“There has been a measure of handwringing over the challenge of having retail stores act as fulfillment and processing centers for online transactions, but David Speights, Ph.D., chief data scientist...
View ArticleWhat Danger Lurks? Retailers Need a Process to Promote Good Cyber-Hygiene
Imagine an after-hours store burglary. But instead of the perpetrator escaping into the night with whatever merchandise he can fit in his backpack, he takes up permanent residence in some dark recess...
View ArticleHow COVID-19 Will Change the Way Retailers Do Business
While some companies had to shut their doors either by choice or by mandate, every retailer is affected by this unprecedented global event. There are a number of steps retailers can take, however, to...
View ArticleThe Importance of Loss Prevention in Driving Retail Success
“The global IoT (Internet of Things) in retail market is expected to grow from US $14.3 billion in 2015 to US $35.6 billion by 2020,” according to one of many similar market research forecasts. That...
View ArticleNext Up for Retailers: Automatic Identification of Inventory Issues
When considering the problem of loss in a retail environment, it’s natural to first think about the register. After all, it’s where money changes hands. It’s the point at which the essence of...
View ArticleFrom Surviving to Thriving—Retailers Can Create a Positive Legacy from...
Retailers and their loss prevention leaders have an opportunity to forge more resilient, efficient, and agile operations as they make their way back from the global health crisis currently halting...
View ArticleSecurity Must Address Intruders by Accounting for Human Kindness
Tailgating has always posed a significant threat, but organizations are still struggling to stop it. The easiest solution—to tell employees to not allow tailgating and to intervene when they see it—has...
View Article