The Loss Prevention Research Council’s
Impact Conference Oct. 2-4 2017, A Six Episode Series
Filmed on location at the University of Florida
THE LPRC CONDUCTS RESEARCH TO DEVELOP CRIME AND LOSS CONTROL SOLUTIONS THAT IMPROVES THE PERFORMANCE OF ITS MEMBERS AND THE INDUSTRY
The IMPACT Conference helps retailers & solutions partners better employ research tools to assess the real-world impact their LP efforts have on sales, crime, and loss levels.
Innovation and Action
Garret King, Regional IS Sales Manager, Cam Connections, a Division of ADT/Protection 1
In order to better drive innovation, collaboration and evaluation, the LPRC establishes ongoing working groups and action teams. Working groups innovate and field-evaluate current and emerging procedures and technologies that apply across retailer type, while action teams integrate similar retailers to systematically attack common problems.
Another form of research they do is with their iLab. The LPRC Innovation Lab offers a unique place for their members to come and see the latest technology and how it works together to help prevent and detect theft.
Garret King from Cam Connections explains how the LPRC's Innovation Chain works - bringing ideas to life from the iLab to stores and distribution centers to larger field tests that produce validated, actionable results.
Thank you to Cam Connections, a Division of ADT, for having the vision and commitment to the industry for sponsoring this entire educational series!
Eliminating the guess work, the trial by error, and word-of-mouth old-school approaches,
the LPRC delivers Evidence-Based Solutions and Actionable Results.
What is Precision LP?
Precision LP/AP is using evidence-based actions, while accounting for very specific differences in crime/loss dynamics and affected environments, to more cost-effectively prevent or handle a problem with fewer negative side effects.
Precision LP/AP is an evolving mode using a deeper understanding of very specific crime or loss dynamics and their coupling to specific places and times to enhance prediction, as well as to generate more effective prevention, diagnosis and treatment.
Precision LP/AP should make it easier for practitioners to select targeted treatments including the optimal dose or deployment tactics to boost positive outcomes while reducing negative side effects.