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We're well into 2018, and everyone seems to be back in action. But before we get too far in, I thought I'd take the chance to say a quick word about the Loss Prevention industry at large. 

If you're in charge of minimising walk-about stock, please, take pride in your position. Your role extends far beyond reducing the impact on your company's bottom line - it's about keeping the brick & mortar retail economy alive & well, it's about keeping the workforce growing, and inevitably it's about keeping the Australian economy intact, despite how farfetched this may seem.

As long as brick & mortar retail is alive, so is retail theft, we know this - but when we look at numbers, such as Australia losing on average six billion dollars over the holiday period alone, can we not do better than this? 

Imagine if we tightened the screws by a mere 15% over this period, that's a billion dollars back into our ecosystem, pretty handy I say!

This may be easier said than done, but as an industry, loss prevention & retail shrinkage can most definitely be shrunk - we need the people who care for innovation, creation and progression to step forward and strengthen our economy. 

If you think your business might be able to manage loss prevention with more care, feel free to reach out below - we can have a chat about the latest products minimising retail theft and ultimately making our economy stronger. It always pays to know. 

Lorri Dangerfield - Instore Security. 

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