The scale of retail supply chain theft is hard to ignore. With some retailers reporting $200 million worth of freight on the road on any given day, even a small percentage of loss translates into significant financial damage. Yet many businesses still allocate minimal resources to tackling the problem.
In this episode, Professor Emmeline Taylor draws on her research into freight crime and findings from a recent ECR Retail Loss working group to explore why this area of loss has been overlooked and what can be done about it.
From the dramatic jump-up in thefts captured on video to the quieter threat of agency drivers infiltrating supply chains, the discussion covers a wide range of tactics used by offenders and the practical countermeasures available to retailers.
The conversation also touches on GPS tracking, pallet recognition technology, tamper-proof packaging, and the importance of cross-functional collaboration between loss prevention, logistics, and law enforcement.
","author_name":"Colin Peacock"}