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How to Avoid Being Short on Cash Register: Essential Tips for Cashiers

How to Avoid Being Short on Cash Register: Essential Tips for Cashiers

by | | LP 101

According to a recent survey, 40% of cash discrepancies are due to human errors, 25% are caused by system errors, 20% are attributed to theft and fraudulent activities, and 15% result from inadequate performance of cash counting devices. Being short on the cash...
How to Prevent Cargo Theft: Critical Strategies for Supply Chain Security

How to Prevent Cargo Theft: Critical Strategies for Supply Chain Security

by | | LP 101

What is Cargo Theft? Cargo theft refers to the criminal act of stealing goods during transport or storage. These thefts can occur at various points along the supply chain, including warehouses, distribution centers, and during transit. Understanding the nature of...
Effective Retail Shrink Action Plan: Reduce Loss and Improve Profits

Effective Retail Shrink Action Plan: Reduce Loss and Improve Profits

by | | LP 101

Why Every Retailer Needs a Shrink Action Plan Retail shrinkage is not an isolated problem; it affects businesses of all sizes across various sectors. Without a structured approach to combat shrinkage, retailers risk: Eroding profit margins Inaccurate inventory records...
Warehouse Loss Prevention: Best Strategies for Streamlined Operations

Warehouse Loss Prevention: Best Strategies for Streamlined Operations

by | | LP 101

This blog post will offer insights and practical tips to help retail managers, supply chain professionals, and loss prevention officers minimize warehouse losses. Understanding Warehouse Loss Prevention While specific national crime statistics on warehouse break-ins...
Distribution Center Loss Prevention: Safeguard Your Operations with these 13 Essential Tips

Distribution Center Loss Prevention: Safeguard Your Operations with these 13 Essential Tips

by | | LP 101

Understanding the Importance of Loss Prevention Loss prevention in distribution centers goes beyond preventing theft. It encompasses a range of practices designed to secure inventory, reduce errors, and improve efficiency. Effective loss prevention means fewer...
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