Magazine Article | May 19, 2014

How LP Technology Helps Demolish Departmental Silos

Source: Innovative Retail Technologies
Erin

By Erin Harris, Editor-In-Chief, Cell & Gene
Follow Me On Twitter @ErinHarris_1

June 2014 Integrated Solutions For Retailers

Just like the retail industry itself, loss prevention is undergoing a transformation unlike any other in history. Gone are the days of solely protecting the store and the people inside it from the bad guys. Today, LP means more; LP is more. It has evolved into a mission-critical department that is intimately engaged with every other department in the organization. Indeed, progressive LP departments provide profitable value for the entire organization — value the business can’t live without. This transformation is a departure from what some LP executives may be used to when it comes to protecting the business. So, how should LP departments deliver value across the business as the retail landscape evolves? I turned to Mike Limauro, VP of asset protection at Weis Markets and Integrated Solutions For Retailers Editorial Board member, for his expert insight on the topic.

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