LP has evolved over the years to become a critical component of the entire organization. In a recent Q&A session with Retail Executive, Mr. Mike Keenan, TAL Global’s Managing Director or Retail Loss Prevention, provides reasons why senior leadership teams must work closely with LP to lower shrink, increase profitability, and keep people safe.
Audits can serve as an important vehicle for ensuring operational compliance, enhancing awareness and accountability, measuring key performance functions, and providing valuable teaching and training opportunities in a retail environment. Still, the impact of an audit on the business depends on the methods we employ, our approach, our attitude and the attitudes the audit fosters, during the audit, as we share the results with stakeholders, and in the post-audit support that we offer store teams.
Training junior officers for combat is a challenging business. During my Reserve Officers’ Training Camp prior to commissioning and almost…
Internal theft is a major risk to every organization. It can cause loss in many ways: product, cash, company property, information and time (reduced productivity). These losses can happen anywhere: In your stores, offices and distribution centers, and within your logistics process and IT systems from the central database to mobile devices. All of these losses contribute to reduced profitability.