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Grocery industry at high risk of theft
Shoplifting is very common in the grocery stores, especially now that most stores have expanded to carry much more than just your stable grocery items. The combination of higher end consumer items combined with relatively low levels of security make it an ideal target for shoplifters. With tougher economic times it is projected that theft both internal as well as external is expected to dramatically increase. With small profit margins grocery stores need to seriously consider the prevention of shoplifting as a key component in reducing losses.

Other loss prevention officer Related Articles

APPLYING FOR A BUSINESS LOAN: PUTTING YOUR BEST FOOT FORWARD
Some tips on how to prepare properly before sitting down with a loan officer at the bank. Understanding what criteria the loan officer will be looking for.
Manage Salespeople One at a Time
Salespeople are a funny breed because selling is a crazy business. The good ones have quirks and idiosyncrasies that make them difficult to manage unless you know how to manage them one at a time. In fact, do you know what motivates each and every one of your salespeople? It's not just the money, although that may be high on the list. Most crave recognition, although no one will admit to it. Many just want to do a good job judged by their own standards. Some run hard for fear of loss (loss of visibility, loss of status, loss of income, even loss of employment). Learn their personal goals, so you know why they work.

Do You have a "Sales Prevention Department?"
When was the last time you met with your sales prevention department? Did you listen closely to what they had to say, the excuses they had, and their plan to mishandle customers in the future? Sales Prevention Departments can masquerade as your advertising, marketing, frontline sales, customer service, phone technology, or any department including accounting.

Types of Shoplifters
Retail operations offer many challenges for dedicated managers and owners who work hard & are committed. But the most difficult part of his/her role is the loss prevention function. Many retail owners and managers are not equipped or trained to deal adequately with developing an effective loss prevention program, or in preventing external and internal losses in the complex Retail settings.
Real World Advice for Retailers - Loss Prevention, Chapter 1
In this article, Michael introduces a three-part series of articles that address the serious issue of loss prevention. This first article discusses the ways that retailers lose money from their tills and explains how a POS system can prevent employees from "skimming the tills."
Real World Advice for Retailers - Loss Prevention, Chapter 3
Chapter 3 of Michael’s series on Loss Prevention discusses ways that your employees can steal from you without physically taking merchandise or money. He also suggests ways that a retailer can use their POS system to minimize or even eliminate these problems altogether.
Handling Loss – Five Steps To Help Yourself & Others
People often tell me that they don't know what to say when someone experiences a loss. I explain that often times the person experiencing the loss simply needs to talk. You don't need to say anything; just be there to listen and support the individual. However, most people are still uncomfortable with helping family members, friends, and colleagues cope with loss. This article provides information on understanding loss and tips to be in a better position to help yourself and others work through their own loss.

Succession Planning
Can organizations prepare for loss? You can never be fully prepared for a tragic loss, however a succession plan will go a long way in minimizing the effect of loss. The loss in this case was an untimely death, but many organizations today face the risk of losing a seasoned executive through age, retirement, and even hiring away by a competitor. It is therefore important to consider the issue of succession NOW rather than later.
Data Loss - The Scariest Term in Business Today
In business, data loss refers to an unforeseen loss of data or information. There are several root causes for data loss, and although there have been many backup and recovery efforts made over the last few years, more often than not, data loss is permanent.

Is Your CFO REALLY a Chief Financial Officer
No offense to all those dedicated, competent, excellent performing CFO’s out there but I have to admit that I run into a number of individuals in business that hold the respectable title of CFO (Chief Financial Officer) that shouldn’t be the Chief of anything. Oh, some of these CFO impersonators do a good job as an accountant and some may even qualify as a Controller. But, there are some that just shouldn’t hold the title of Chief Financial Officer. “The chief financial officer (CFO) is a corporate officer primarily responsible for managing the financial risks of the corporation. This officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management. The CFO is also responsible for analysis of data”. So…… ask yourself; is your CFO really a Chief Financial Officer.
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