Newsletter | June 21, 2012

06.21.2012 -- NextLP: Rite Aid Identifies & Minimizes Loss With POS Video Auditing

Retail Solutions Online Newsletter

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Editor's Notebook

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.

The Power Of POS Video Auditing

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.

When Implementing Mobile, Don't Forget About Loss Prevention

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.

For Goodwill Industries, Sometimes Less Is More

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.

Why Is Mobile Security Important?

Top 3 Benefits Of Merging Analog And IP Video Technologies In Retail
Like thousands of other businesses worldwide, your retail operations may already have a significant investment in powerful and dependable DVRs and analog cameras but you’re thinking about making the leap to IP.

Top 3 Benefits Of Merging Analog And IP Video Technologies In Retail

LP In The News

Milestone Systems Number 1 Worldwide Yet Again
Vector Security Acquires American Alert Corporation In Ohio
Epicor To Showcase Loss Prevention/Sales Audit Offerings At NRF LP Conference
Axis Introduces Fixed Mini Domes With HDTV Quality, Intelligent Video, And Edge Storage
MicroPower Highlights Capabilities Of Solar Wireless Surveillance In Retail Environments
Checkpoint Systems Offers Clear Advantages For Health And Beauty Retailers
ACI Worldwide Shares New Product Plans With Market
Tyco Retail Solutions Wins VICS Collaborative Commerce Achievement Award
HULK DoS Tool More Hype Than Threat
The Retail Equation Prevents Return Fraud Two Million Times
View more headlines

Featured LP Content

The Truth About Risk, Fraud, And Compliance
Managing risk, fraud and compliance is a never-ending, constantly changing duty for financial institutions and other heavily regulated businesses.

Matas Retail Chain Reaps Big Benefits From An Integrated Video Solution
For Matas management, shrinkage control is a high priority. Therefore, it was decided back in 2010 to intensify the fight against it.

What's On Your LP Wish List?
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.
Browse the content library

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Detex Corporation
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Evolution Robotics Retail
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Kaba Mas

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The Retail Equation

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