Pre-Event Workshop Day: Sunday, 24 September 2017
Workshop day includes networking break and refreshments
9:00 am - 1:30 pm Total loss prevention in the retail & hospitality industry
Traditionally, retail losses have been measured primarily using 'shrinkage', a term used by the industry for many years. Currently, there is no agreed definition of the term shrinkage, which has led therefore some retailers to develop a wide range of different, often very narrow definitions, making any form of benchmarking extremely difficult. Recent research has now shown that adopting a more comprehensive and organisation-wide approach to understanding loss can enable businesses to dramatically improve their profitability.
Attend this workshop to:
- Develop better awareness of the concept of total retail loss and how it can help to maximise profits through improving the capability of asset protection teams
- Learn how to develop a holistic loss prevention strategy to reduce losses across the entire organisation
- Understand how various forms of technology, including integrated surveillance systems and data analytics can play a key role in delivering increased profits and reduced losses
The published programme is correct at time of printing. However, given the seniority of our speakers and the nature of their roles, speakers may subsequently substitute or remove themselves from the programme. This is always regrettable, and we will always try to replace the speaker with a speaker with equivalent insight. For the most up-to-date programme, please visit the event website.