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E-Commerce ORC: A Growing Threat to Retail Profitability

Key Takeaways: E-commerce ORC is a growing threat, involving theft and resale of goods through online platforms. Understanding different levels of e-commerce ORC helps tailor prevention strategies. Data analytics and collaboration with law enforcement are crucial for...

Sales Capture Activity: Uncovering Hidden Revenue in Your Store

by | | LP 101

Key Takeaways: Sales Capture Activity (SCA) helps retailers understand how store layouts and product placement impact sales. SCA data can reveal surprising opportunities to increase revenue and basket sizes. Analyzing key metrics like transaction size, units per...

Preparing OSHA Forms: A Retailer’s Guide to Compliance and Safety

by | | LP 101

Key Takeaways: Accurate “preparing OSHA forms (for retailers)” is crucial for compliance and workplace safety. Understanding OSHA recordkeeping requirements is essential for retailers. Utilizing technology can streamline the OSHA form preparation process....

Retail Voids: Uncovering Hidden Losses at the Point of Sale

by | | LP 101

Summary: Understanding retail voids (line voids, transaction voids, post voids) is essential for loss prevention. Analyzing void patterns reveals operational inefficiencies, training gaps, and potential theft. Tracking key indicators helps minimize void-related losses...

Price Overrides: Are They Quietly Eating Into Your Retail Margins?

by | | LP 101

Summary: Understanding “price overrides” and their impact is essential for retail profitability. Monitoring override patterns helps identify training gaps, pricing errors, and potential fraud. Optimizing parameters, tracking trends, and improving training...