Loss prevention is a topic that is near and dear to my heart. After 37 years in the liquidation industry, delivering Walmart, Bed Bath & Beyond, and Target inventory to suppliers and resellers across the United States, I’ve seen it all. I’ve watched inventory go missing, and I’ve seen the tricks people use to game the insurance system and take away products and money that isn’t theirs. All stores have a certain amount of what’s called “slippage” in the industry. This term is used for when things break or disappear, and any major company writes off a certain portion of their inventory automatically during tax time due to this phenomenon. Sometimes, it’s the products were broken during transit or use; other times, it accounts for employee theft. But, make no mistake, slippage is a real concern. And this blog intends to aid in loss prevention efforts by educating readers about proper loss prevention methods that can be implemented to save money.