04.21.2011 -- Secrets To Better Audits In Retail | Proof Of Return On Cash Management Solutions
Can We Stop Shoplifters Before They Start? By Matt Pillar, editor in chief
If understanding shoplifter behavior is the key to shoplifting prevention, the work conducted by the National Association for Shoplifting Prevention (NASP) is something we should all support. NASP develops shoplifting prevention programs that are based on hard research into shoplifting drivers and trends.
Guest Expert Series
Proof Of Return On Cash Management Solutions By Bob Brown, regional manager, Tellermate Group
At first blush, the implementation of a cash management solution might not seem a likely path to quick and significant return, but a closer look reveals real and measurable ROI opportunity that might surprise you.
Shoplifting Prevention By King Rogers and John Gantenbein, KRG Analytics, Inc.
Shoplifting is considered to be the world's second oldest profession. In the last four decades, merchants' watchful eyes have been assisted by a number of initiatives including trained personnel and technology and some innovative ways to present products for sale while trying to protect them from theft. Unfortunately, some of the latter efforts also result in sales deterrence as well.
The retail audit "million dollar question": What are the secrets to improving their effectiveness, using results to drive real change in the organization, and minimizing any pain associated with issuing and conducting them?
Most retailers don't realize that there are opportunities for profit throughout the supply chain. But, in order to identify those opportunities, retailers need to take a new approach — an approach that is focused on protecting profit rather than just preventing loss.