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Security budgets are tighter than ever, and security professionals need to leverage existing investments smartly, and use innovative security solutions that maximize ROI. Here are seven safety and security solutions that security and loss prevention leaders should consider:
The 16th annual (Organized Retail Crime) ORC study released by the National Retail Federation found 75% of loss prevention executives at a cross-section of large and mid-sized retail companies said ORC activity had increased in the past year, up from 68% last year.
FEMA’s landmark study, “Building Codes Save: A Nationwide Study,” shows that modern building codes lead to major reduction in property losses from natural disasters. The FEMA report calculates losses from three types of natural hazard (earthquakes, flooding, and hurricane winds) for each state and Washington, D.C.
The Loss Prevention Foundation (LPF) has announced the selection of its newest board members to assist in governing and providing strategic direction for the Foundation. James Cosseboom, LPC and Mark Stebbe, LPC have accepted the nominations and have been approved by the LPF board to serve on the Foundation's Board of Directors.
At NRF Protect this morning, loss prevention professionals discuss their tactics regarding COVID-19 response and the role of their departments in the organization.
Do an image search using the terms “security manager,” “security director,” “CSO” or “security professional,” and the results will be fairly predictable. With its roots in law enforcement, the security industry has long been dominated by men, whether in management, sales, or technical positions.
In retail, brick-and-mortar stores experience loss or shrink due to shoplifting, fraud, employee theft and human error. To mitigate against this, many have dedicated loss prevention (LP) personnel who use a variety of tools, including in-store video surveillance systems and point of sale (POS) systems, to deter and investigate theft. But, despite the continued best efforts of LP teams, shrink is on the rise.