Challenging existing ideas about not only what constitutes retail shrinkage, but also the approach that should be adopted to deal with it, it critically examines how current approaches to managing shrinkage are at best preventative, and how through operational excellence, organizations can reduce the impact?it has on their profitability.Introduction Retailing and Shrinkage in Context Defining Shrinkage Scale and Extent of the Problem Understanding Shrinkage Traditional Approaches to Loss Prevention Operational Failure as a Driver of Shrinkage Identifying Operational Failures Introducing New Loss Prevention Implementing New Loss Prevention
'If you have anything whatsoever to do with the movement, selling and protection of goods, in whatever capacity, then 'New Loss Prevention' is a must-read.' - Security Today
ADRIAN BECK is a Reader in Criminology and Head of the Department of Criminology at the University of Leicester, UK.?
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COLIN PEACOCK has global responsibility for shrinkage management, on-shelf availability and brand protection for Procter and Gamble.