06.21.2012 -- NextLP: Rite Aid Identifies & Minimizes Loss With POS Video Auditing
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In Anticipation Of Social Media Mayhem By Matt Pillar, editor in chief
The intersection of social media, retail merchandising and promotions, and loss prevention has long been under construction. What's been a boon to the marketer has been buried like a thorn in the side of the brand protector. Fortunately, new business intelligence tools are changing the game.
Featured Integrated Solutions For Retailers Article
The Power Of POS Video Auditing By Erin Harris, Integrated Solutions For Retailers magazine
Much of retailers' losses are due to internal theft or employee procedural error. That's a significant portion of overall inventory shrink. According to the industry average, loss due to employee theft accounts for 40% to 45% of retail loss. Procedural errors, or operational shrink, can add 8% to 10% according to national studies.
Guest Expert Series
Uniting Your Organization To Combat ORC, Guest Series Part 1 By Andrew Wren, chief executive officer, Wren Solutions
This article, as part of a three-part series, will discuss how retailers can adopt a holistic LP strategy that unites people, processes, and technology to add value and prevent loss throughout the entire organization.
Featured LP Articles
When Implementing Mobile, Don't Forget About Loss Prevention By Brad Fick, president, Direct Source and Jennifer Hartle, senior account executive, Direct Source
Mobility has emerged as an important technology across many areas of the retail environment, beyond mobile POS. Despite this knowledge, retailers tend to focus on mobile POS alone, and disregard other areas of the enterprise that can greatly benefit from an overarching mobile strategy — such as inventory management, crosschannel promotions and loyalty programs, in-store product lookup, order placement, or customer feedback.
For Goodwill Industries, Sometimes Less Is More Goodwill of Silicon Valley needed specifically to improve the picture quality of their security video, especially when zooming in on the cash registers. It’s there that even the smallest, seemingly innocent gesture by an unscrupulous employee might be disguising a slight of hand trick to steal cash.
Why Is Mobile Security Important? By Rick Hayes, senior principal consultant and Karthik Rangarajan, principal consultant, Dell SecureWorks
Mobility can drive higher customer satisfaction and sales, stronger dialogue with customers, reduced costs, increased operational efficiencies, stronger partner collaborations, and greater employee productivity.
With customers flowing in and out of multiple areas or departments, we know you have a lot on your mind — from shoplifting and cashier fraud to parking lot safety and missing children. Here's how network video solutions can help.