Social Media Icons

loss prevention

Video Enhanced Surveillance
Dec 6, 2019 | General News

When you reduce theft in your business, you maximize profits. And while reducing theft is a common goal, protecting your business from theft is not an easy feat. There are numerous tips and tricks to reduce theft. But there are only two retail loss prevention tips you need to heed: Invest in loss prevention...Read More 

loss prevention

Dec 3, 2019 | General News

Every year it is becoming increasingly more difficult to draw customers into your retail store. One of the key strategies to increasing sales is through improving customer experience in retail. With the emergence of eCommerce, consumers have shifted away from brick and mortar shopping. Instead, they...Read More 

loss prevention

Nov 5, 2019 | General News

When addressing retail theft, most people have an image of someone sneakily putting items into a bag and leaving the store.  Although this may be one of the most common shoplifting tactics, another theft frequently utilized is theft at self checkout lanes. Emerging in the 1990s, self checkouts offered...Read More 

loss prevention

Oct 9, 2019 | General News

Business managers are aware of the cost of shrinkage on a profit sheet. But they may not be familiar with the retail loss prevention strategies which have been proven effective. An article in the Harvard Business Review profiled five large retail chains with a collective shrinkage rate of 44 percent...Read More 

loss prevention

Sep 13, 2019 | General News

Sweethearting is a common retail term, referring to situations when an employee gives away items to a customer or discounts items for a customer.  Usually the person receiving the free goods is a friend or family member—their sweetheart. Creating a proactive sweethearting policy helps to combat...Read More 

loss prevention

loss prevention statistics
Aug 6, 2019 | General News

When you view loss prevention statistics, it is clear theft poses a major issue for all companies, regardless of size. Armed with knowledge and modern technology, catching internal and external theft is easier than ever. But first, you must face the facts. The Big Picture In today’s competitive business...Read More 

loss prevention

Aug 6, 2019 | General News

Simply put, preventing and learning how to catch employees stealing requires a three-part plan: identify how your business is vulnerable to employee theft develop clear policies, and use resources to help implement and enforce those policies Identifying Vulnerabilities: How to catch employees stealing If...Read More 

loss prevention

Cash controls, Cash management, Cash Procedures, Cash protocols, Cash register, Employee theft, Deposits, Deposit procedures, digiop, internal theft, retail loss prevention,
Aug 2, 2019 | General News

If a retail business wants to improve profitability, they typically focus on the revenue side. But other retail cost-cutting strategies may create more meaningful results which deliver longer-lasting benefits.                         Strategically...Read More 

loss prevention

business intelligence in data mining
Jul 31, 2019 | General News

The arrival of big data has fueled business intelligence efforts. While business owners readily toss around buzzwords in this area, many seem to be confused by what those buzzwords mean and how they interact.                         For example,...Read More 

loss prevention

Jul 24, 2019 | General News

Profitability is the key to success for any business. When you consider 82% of all businesses fail due to poor or negative cash flow, profit loss is a looming problem for all businesses. Every year theft accounts for nearly $13 billion in losses with no signs of slowing down. Considering certain industries...Read More 

loss prevention

Jul 5, 2019 | General News

Making tough business decisions is rarely simple. But using POS data from the system you have in place will help you better understand trends in your business, pinpoint areas of concern, and make choices based on solid information. In most cases, your POS system is already collecting an overabundance...Read More 

loss prevention

restaurant loss prevention checklist
Jun 28, 2019 | General News

Creating a restaurant loss prevention checklist is critical for the success of your company. Every year businesses lose millions due to customer and employee theft. If your company wants to avoid losses and drive growth, you’ll need the tools and knowledge to do so. Accountability is the most effective...Read More 

 2020 Digiop.   •   Intelligence Inspired  
Don't let profits
keep walking out your door


To see how we use your information review our
Privacy Policy