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How Tracking is Changing the ORC Game

Posted on 5/6/16 10:30 AM

 

“Back in the day” I was standing in a Marshalls store watching the installation of an EAS system. I remember the excitement and the potential it represented. Finally, a device that could watch shoplifters since we couldn’t watch them all. It was a game changer and within the first few weeks we were racking up the apprehensions—kids, moms, doctors. The missing link appeared shortly after with the arrival of the “soft” tag. Now everything and anything could be tagged and protected. It was a great mouse trap…until the mice got smarter.

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Topics: loss prevention, BlueTracs, Shoplifting, ORC, Organized Retail Crime, Tracking

Retail Burglaries: The Non-Random Phenomena

Posted on 9/25/15 11:30 AM

While most retail break-ins are opportunistic, a small share are skilled professionals, employing sophisticated planning and methods, resulting in a more successful and lucrative burglary. How then can a retailer limit the potential of a retail burglary occurring?

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Topics: ORC, Organized Retail Crime

A Shift in Crime or Flawed Perceptions?

Posted on 7/23/15 10:08 AM

A Shift in Crime or Flawed Perceptions?
The danger in guessing shrink contribution

I read this year’s National Retail Security Survey and it was nice to see such a large shift in human behavior. According to the recent survey, employee theft’s contribution to shrink substantially fell to 34%. That’s a decrease of over eleven percentage points since 2010 and a decrease of five from 2012.

Amazing…
And probably, most likely, quite…flawed.

Now don’t get me wrong, it’s not just that I have to update my sales deck that I am suspicious. Although I was immediately skeptical of the figure, I conducted some quick “back of the envelope math” to see if it made sense. I also relied on several other sources and over twenty five years of experience in coming to the conclusion that loss prevention professionals are making a big mistake if they use these opinions as reason to shift their focus away from internal theft issues.

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Topics: employee theft, ORC, Shrink, Shoplifter Theft

How Bluetracs is Changing the ORC Game

Posted on 11/4/14 10:30 AM

“Back in the day” I was standing in a Marshalls store watching the installation of an EAS system. I remember the excitement and the potential it represented. Finally, a device that could watch shoplifters since we couldn’t watch them all. It was a game changer and within the first few weeks we were racking up the apprehensions—kids, moms, doctors. The missing link appeared shortly after with the arrival of the “soft” tag. Now everything and anything could be tagged and protected. It was a great mouse trap…until the mice got smarter.

Read More

Topics: loss prevention, BlueTracs, Shoplifting, ORC, Organized Retail Crime, Tracking

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