Event
- Title:
- Loss Prevention across Retail Value Chain
- When:
- Feb 29, 12 - Feb 29, 12
- Where:
- DVS Corporate Office - Gurgaon
- Category:
- Domestic Events
Description
What the Global Retail Theft Barometer 2011 says:-
• India tops the study with the highest shrinkage percentage for the fifth year in a row.
• Retailers in India are seeing about one-and-a-half to two times more theft than their global counterparts.
• Shrinkage rate’ has grown to 2.38% of sales which amounts to a shrinkage loss of $2.6 billion, “equivalent to about Rs 7,350 honest tax per family.
• Total expenditure on security in India, at $158 million, represents 0.19 per cent of retail sales, thus amounting great pressure on the retailer.
In its upcoming Knowledge Session, DVS Retail Centre of Excellence explores the various facets of this core problem and endeavours to devise innovative ways to tackle it in a resilient and sustainable manner. We try and understand the direct and indirect impact of shrinkage & why retailers are still struggling to prevent losses on this account despite spending a lot of time, energy & funds.
More details here
Venue
- Venue:
- DVS Corporate Office
- City:
- Gurgaon
- Country:
-
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