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Engaging the Buyer in Loss Prevention

Shrink is often said to be a problem managed in splendid isolation, with the organisation looking mostly to the stores (especially the high shrink stores) and the loss prevention team for the fixes to the latest crisis and abnormally high shrink numbers. This article, based on a report commissioned by the Retail Industry Leaders Assocation (RILA) highlights the critical role the buy function could and should play in developing a more holistic and company-wide approach to managing retail losses. Click here for a full copy of the research.