LPI Overview 2011

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LPI Overview 2011

  1. 1. Trusted Solutions | Proven Results
  2. 2. OUR HISTORY <ul><li>Established in 1998 to meet the loss prevention needs of retailers </li></ul><ul><li>Privately held company owned by management, private equity sponsorship, and Wells Fargo Retail Finance </li></ul><ul><li>More than a decade of service to over 60 retailers with 7,000 locations in retail, grocery, convenience and restaurant verticals. </li></ul>
  3. 3. <ul><li>The cost of inventory loss due to theft and error was over $33 Billion in 2009 for all US retailers* </li></ul><ul><ul><li>Represent 1.44% of retail sales </li></ul></ul><ul><ul><li>Majority employee-caused </li></ul></ul><ul><ul><ul><li>43% Employee theft </li></ul></ul></ul><ul><ul><ul><li>14% Errors </li></ul></ul></ul><ul><li>The reported trends and averages: </li></ul><ul><ul><li>Shrink range .5% to 6% of retail sales </li></ul></ul><ul><ul><li>Department store average 1.7% </li></ul></ul><ul><ul><li>Specialty retailers 2.0% - 2.5% </li></ul></ul>*Source: National Retail Security Survey 2009 , University of Florida INDUSTRY LOSS & TRENDS
  4. 4. TODAY’S CHALLENGES <ul><ul><li>Increased dishonesty </li></ul></ul><ul><ul><ul><li>Personal financial stress </li></ul></ul></ul><ul><ul><li>Decreased operational compliance </li></ul></ul><ul><ul><ul><li>Lower payroll dollars & fewer staff </li></ul></ul></ul><ul><ul><li>Increased external theft incidents </li></ul></ul><ul><ul><ul><li>Inconsistencies in training & awareness </li></ul></ul></ul><ul><ul><li>Heightened merchandise protection </li></ul></ul><ul><ul><ul><li>Lower inventory levels require better protection </li></ul></ul></ul>
  5. 5. <ul><li>A customized solution that focuses on the 6 components of a proactive loss prevention program. </li></ul><ul><li>Designed to increase: </li></ul><ul><li>Awareness </li></ul><ul><li>Theft Resolution </li></ul><ul><li>Productivity </li></ul><ul><li>Profitability </li></ul>LP INNOVATIONS’ SOLUTION
  6. 6. OUR METHODOLOGY <ul><li>LPI and industry “Best Practices” </li></ul><ul><li>Results driven core services </li></ul><ul><li>Customized approach </li></ul><ul><li>Return on investment </li></ul><ul><li>National presence </li></ul>
  7. 7. <ul><li>CORE SERVICES </li></ul><ul><ul><li>Investigations </li></ul></ul><ul><ul><li>Best Practice Audits </li></ul></ul><ul><ul><li>Store Visits </li></ul></ul><ul><ul><li>Exception Analysis </li></ul></ul><ul><ul><li>Training & Awareness </li></ul></ul><ul><ul><li>Target Store Programs </li></ul></ul><ul><ul><li>Program Development & Execution </li></ul></ul><ul><li>SPECIALIZED SERVICES </li></ul><ul><ul><li>Mystery Shopping </li></ul></ul><ul><ul><li>Consulting </li></ul></ul><ul><ul><li>Program Assessments </li></ul></ul><ul><ul><li>Policy Development </li></ul></ul><ul><ul><li>Inventory Observations </li></ul></ul><ul><ul><li>Inventory Protection </li></ul></ul><ul><ul><li>Liquidation Services </li></ul></ul>PROGRAM COMPONENTS
  8. 8. National Field Presence Industry Expertise Value Add Relationships THE VALUE PROPOSITION Cost Effective Solutions Proven Results
  9. 9. <ul><li>Management & Senior Leadership Teams </li></ul><ul><ul><li>99% of our team has worked in the retail/restaurant /grocery environment </li></ul></ul><ul><ul><li>Highly involved in the industry through certifications and committees </li></ul></ul><ul><li>Development Of Best Practices </li></ul><ul><ul><li>Industry and client-specific best practices </li></ul></ul><ul><ul><li>Provide objective recommendations </li></ul></ul><ul><li>Data Driven Analysis </li></ul><ul><ul><li>KPI metrics development, analysis and reporting </li></ul></ul><ul><ul><li>National Shrink Database® (industry benchmarking tool) </li></ul></ul>INDUSTRY EXPERTISE
  10. 10. <ul><li>We bring market density, velocity, lower travel costs & proximity to support our client’s objectives. </li></ul><ul><li>Our footprint across all 50 states, Puerto Rico & Canada provide our clients with: </li></ul><ul><li>High store visibility </li></ul><ul><li>Speed to resolution </li></ul><ul><li>Program savings </li></ul><ul><li>Store Operations partnerships </li></ul>NATIONAL FIELD PRESENCE
  11. 11. <ul><li>An effective program that delivers through predictable and consistent expenses: </li></ul><ul><ul><li>A fixed monthly fee per store </li></ul></ul><ul><ul><li>No fluctuations or surprises due to rising travel costs </li></ul></ul><ul><ul><li>No fluctuations due to rising benefit costs </li></ul></ul><ul><ul><li>No service interruptions due to staff turnover </li></ul></ul>COST EFFECTIVE SOLUTIONS
  12. 12. Our clients experience a 20% - 30% average loss reduction within the first year of our program start date. PROVEN RESULTS LOSS REDUCTIONS EXPENSE REDUCTIONS On average, our clients experience a 20% expense reduction within the first year of our program.
  13. 13. Trusted Solutions | Proven Results

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