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employee theft

inventory management
Jun 4, 2019 | General News, Retail

Inventory loss (also known as inventory shrinkage) costs the American retail industry over $45 billion annually*. Improper inventory management is a key component of inventory loss. While shrinkage is often the result of shoplifting or employee theft, sometimes loss is unintentional. In fact, administrative...Read More 

employee theft

employee theft at the cash register
May 14, 2019 | General News

Shockingly, 33 percent of all businesses go bankrupt due to employee theft*. Laziness and dishonesty can put a significant dent in your cash register’s profitability. Being aware of the atmosphere at and around your cash register is the key to preventing loss due to employee theft.  To protect...Read More 

employee theft

rationale for stealing, excuses for stealing
May 9, 2019 | General News

Whether skimming cash from a register or falsifying records to cover theft, dishonest employees almost always have what they feel is a valid rationalization for their illegal behavior. While there is never a valid reason for employee theft, it’s useful for Loss Prevention professionals, owners, and...Read More 

employee theft

Refunds for Cash

A casual restaurant recently employed the DIGIOP Loss Prevention team to conduct an audit and review their exception reports. DIGIOP experts were able to expose theft immediately. In the first review cycle, with only 1.5 weeks of data gathered, our experts were able to pinpoint fraud quickly. It was...Read More 

employee theft

Time Theft
Apr 3, 2019 | General News

While there are many types of employee theft in the workplace, time fraud can be expensive for your business especially with 43% of workers admitting to time theft. It’s estimated to cost employers more than $400 billion in lost productivity annually. It’s important to understand the different methods...Read More 

employee theft

Cash controls, Cash management, Cash Procedures, Cash protocols, Cash register, Employee theft, Deposits, Deposit procedures, digiop, internal theft, retail loss prevention,
Oct 4, 2018 | General News

Establishing detailed and thorough cash protocols is key to keeping retail profits and preventing employee theft. Cash management may seem like a basic skill in your retail business, but cash can be mismanaged easier than you think. Whether cashiers are working too quickly or they are distracted at...Read More 

employee theft

Loss Prevention seminar
Aug 27, 2018 | General News

DIGIOP, a retail loss prevention company, will sponsor three (3) loss prevention seminars in three Midwest cities: Indianapolis, Chicago, and Cincinnati in the fall of 2018. The interactive and practical day-long seminar is focused on hardware store owners and managers who want to decrease loss in their...Read More 

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