Preview

Short Report

Good Essays
Open Document
Open Document
679 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Short Report
March 03, 2008
To: Ernest Tix
From: Ali Shabbir
Subject: Progress report on feasibility of increasing work force and evolving ‘secret codes’ to prevent shop lifting.

I have obtained most of the information necessary to recommend whether or not increasing the work force and evolving ‘secret codes’ would be better for Armani Exchange store (Galleria mall). I am currently analyzing and organizing this information and am on schedule.

Problem: As discussed earlier in the proposal that the Armani Exchange outlet in the galleria mall is plagued with heavy shop lifting which amounted to $ 226,920 for the year 2007. This figure reduced the annual profit by 7.23% and has put the management in a spot of bother.

I provided few recommendations to the management for consideration. Such as: • Increase in sales force during weekends • Evolving a secret code • Have a security check at the exit • Installing more cameras
Work completed: In order to detect a suspected shoplifter, I have evolved a secret code “Harry is here”. The code will be used by employees and managers to keep an eye on a suspected shoplifter. This confidential code should not be known to any outsider. In order to increase the sales force during weekend, the management can give more hours to its current employees rather than hiring new employees. I have spoken to few of my co-workers who are more than willing to work extra hours. My investigation also revealed that few employees are unsatisfied due to insufficient hours allotted to them. The management can give such employees few extra hours on the weekends rather than hire new employees. This would save the extra training cost as well as benefits that are provided to a new hire. While I was working on the recommendation to have a security check at the exit, I thought of another strategy, which would make sales associate more accountable. The management does not have to keep an extra associate at



References: The theft and loss statistics have been cited from ‘Employee theft and resource manual-2007’ (pg 33).

You May Also Find These Documents Helpful

  • Good Essays

    Skadurz Pro Case Summary

    • 1223 Words
    • 5 Pages

    The problems facing this organization are the retirement of Connie, which will affect the management of the stores two locations. Also, there is competition, West 49, that is moving in across the street from one of…

    • 1223 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    INF 325 Week 1: A Case Study

    • 2472 Words
    • 10 Pages

    Behaviors such as transferring files from a work device to a home computer that is not protected or maintained to IT’s standards, using personal communications that are not as safe as corporate communications, talking about sensitive company matters where others can hear the conversation, and failing to use a laptop privacy guard when working remotely in a public place all invite information theft. Employees also fail to safeguard equipment such as laptop computers and portable storage devices, which can be lost or stolen (Cisco Systems, 2008, p 5).…

    • 2472 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    To prevent loss of profits and disruption in the store we should introduce new measures such as more security in store. This could be useful as plain clothes guards and uniformed guards could patrol the store which could lower the theft levels. More cctv…

    • 1859 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Ulta Beauty

    • 2513 Words
    • 11 Pages

    This beauty retail store SWOT Analysis includes several strengths and weakness that it has currently developed in its structure. However, there are a few opportunities that this company should take advantage to seize the moment and there are a few threats in which they should find new ways to overcome and eliminate.…

    • 2513 Words
    • 11 Pages
    Powerful Essays
  • Best Essays

    Information Security Policy

    • 3396 Words
    • 14 Pages

    The security sections of the paper outline what steps are required to secure each store to ensure the safety of the employees and customers. Detailed…

    • 3396 Words
    • 14 Pages
    Best Essays
  • Satisfactory Essays

    Benefits: The company could hire additional workers only for the 4 overtime working hours from 7 PM until 11 PM. These workers would be employed only for 3 months, during the high season. Employing seasonal workers instead of suggesting full-year employees to work overtime would save $5 per hour per worker.…

    • 895 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Kessler International Press Releases. (1999). Study shows 79% of employees steal from their employee. Retrieved on January 22, 2012 from http://www.investigation.com/press/press4.htm…

    • 1253 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    SWOT River Island

    • 351 Words
    • 2 Pages

    I entered the store near Oxford Circus around 11.30am, as soon as I walked in I was amazed at the interior of the store, I like the VM display at the entrance and the white space around the store, I feel like the products can pop out. Throughout the store the way products were displayed was very pleasing, should be done to the store nearer to Marble Arch. There wasn’t many people around the store which meant I can shop comfortably.…

    • 351 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Shoplifting has become one of the most prevalent crimes in the Unites states averaging about 550,000 incidents per day resulting in more than 13 billion worth of goods stolen each year according to the National Association of Shoplifting Prevention. Crime rates of shoplifting are increasing dramatically based on increasing unemployment rates (NASP). There are many different ways that business owners can protect themselves and prevent shoplifting. The following questions will address focal points about solutions and strategies to prevent shoplifting.…

    • 1589 Words
    • 7 Pages
    Better Essays
  • Better Essays

    The Saks Fifth Avenue case study concentrates on the human aspects of internal controls. Of note are Saks’ zero-tolerance policy of employee theft, anti-harassment policy and complaint procedure. Also, the case study highlights control activities in a major retail store. Finally, it questions what an auditor’s role is concerning employee’s work environment.…

    • 1198 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Case Study 4.1 Fosdick

    • 668 Words
    • 3 Pages

    Provide employees with a safe and secure way to report employee theft where they are able to remain anonymous.…

    • 668 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Brief Summary

    • 300 Words
    • 1 Page

    In Bernhardt’s analysis, she starts off her essay strong by stating how important Frederick Douglass’s speech was. In her first paragraph, Bernhardt shows readers that Frederick Douglass was credible by stating how he himself was part of the slave trade. Bernhardt’s thesis in her first paragraph that drives the rest of her essay is how she states that, “Fredrick was a huge part of the abolitionist movement,” and that, “Fredrick wanted to show his aversion to slavery and his passionate dedication to see it end.”…

    • 300 Words
    • 1 Page
    Good Essays
  • Good Essays

    External Loss Prevention

    • 911 Words
    • 4 Pages

    External theft is often caused by shoplifting, break-ins, robberies or other acts by outside sources. Although it does not cause as much loss overall compared to internal theft (National Retail Security Survey, 2008), shoplifting and external theft most certain causes a substantial amount of loss annually to the retail industry (National Retail Security Survey, 2008). Controlling external theft requires a commitment to educating your employees on good customer service, awareness to the signs of a potential loss and how to best protect the store and inventory against external loss. This requires the establishment of procedures and training in areas such as; shoplifting prevention, shoplifter…

    • 911 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Private Security

    • 1645 Words
    • 7 Pages

    Organizations, companies, and very important people across the world utilize the protection of private security service for the protection of their personal property and assets. These services provide protection from any type of loss that may be experience ensuring the safety of the company and the individual. One private security service that is used by most organizations in the United States is Loss Prevention. Loss Prevention entails numerous of responsibilities for the company or business that hires them. The services provided by a Loss Prevention group can be organized within the company or they can be hired from an outside source. Regardless, of where the service comes from, their job duties remain the same, protect the company. Loss prevention is based on the principle of integrity, which means doing the right thing when no one is looking (Jagielski, 2011). This principle either makes or breaks, a loss prevention associate. These associates are responsible for conducting investigations either internal or external, ensuring safety, auditing departments, and meeting inventory on a yearly basis to prevent losses within the company (Carson & Snowden, 2010; Pitt 2011).…

    • 1645 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Loss Prevention

    • 1031 Words
    • 5 Pages

    The following paper will analyze the key strategies for reducing loss and providing increased security in a corporate workplace. The paper will also develop a comprehensive individual and corporate loss prevention plan based on the key principles of security.…

    • 1031 Words
    • 5 Pages
    Better Essays