Identifying The Problems To Prevent Shoplifting

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To fix a problem, you first need to know what is wrong with it.  Shoplifting and employee theft are two of the main causes of billions of dollars lost in the retail industry every year.  Employers and management personnel do not know how to fix those problems, and sometimes are not aware there is a problem till much later.  If employees are caught stealing, the problems then are the financial costs associated with prosecuting such individuals.  Is firing them enough punishment?  Should the employer  pay thousands of dollars in legal fees to bring such individuals to court?  There are many issues associated with shoplifting, do you know what to do about them?

To read more about this topic, follow the links below.


Managing Retail Shrink Begins with Problem Identification

The retail shrink action plan should begin with problem identification.

One question I have been asked frequently is, “How did you know how to battle retail shrink in the grocery business, especially considering your background is predominantly in discount retail?” My response to that question is almost always the same, which is: “I follow the loss prevention road map.” Often I get blank stares, but after explaining, most understand and realize they have probably been following their own road map for years without realizing it.

I have always described the road map as a six-step process; one that takes years to perfect, but when executed properly can yield amazing results in not only retail shrinkage reduction, but any expense a company is attempting to minimize.

The process includes the following six steps:

• Step 1—Problem identification
• Step 2—Program development
• Step 3—Program execution, or what I like to call countermeasures
• Step 4—Comprehensive awareness programs
• Step 5—Auditing for compliance
• Step 6—Measurement


Shoplifting prevention tips for businesses

Get More Out Of Your Burglar Alarm System

EASIs your burglar alarm giving you all it’s got? Technology keeps updating but there is one area you may not be thinking about getting more from your dollar: your burglar alarm system.

Alarm systems can now do so much more for the retailer. First, if you are still transmitting alarm signals via your phone line, then you are very vulnerable.  Phone lines are really terrible for transmitting signals. They are slow and unreliable. Your phone line goes down and your alarm is not going to communicate with anyone. Change to cellular communications and you will get the signal out. You see, alarm systems communicate on a different cellular channel than your voice “can you hear me now” channel. That channel is very strong. You may not have good voice service in your store but chances are your alarm system cellular service is great. Cellular signals are MUCH faster also. Cost? Should only add a few dollars a month to your monitoring invoice. 

Heard about or been a victim of copper theft. You know, copper, the metal that your roof top or side of building air conditioner units tubing is made of. Thieves will tear up your a/c just to steal that copper to sell it. This leaves your business down until replacement and repair can be completed. Your alarm company can put a sensor on your outside a/c unit that will trip your alarm, if they try to tamper with it. Cost of the part is about $70 +/-.

Do you have valuable property at your business such as equipment, artwork….. that is never to be moved or removed from the premises?  Honeywell makes a wireless sensor that is about half the size of a pack of cigarettes. This sensor attaches to that item. It can be programed different ways to notify you if the item is moved or removed. This sensor is monitored by your burglar alarm system.

Your alarm company can guide you. If they don’t have a solution or don’t understand, then you should look for another vendor who can think outside the box. 

Is Your Loss Prevention Team Ready?

shoplifting1

Employee theft, shoplifting, and administrative mistakes are the three major sources of retail shrinkage in the United States.  Shoplifting according to the National Association for Shoplifting prevention, is done by millions of people and is costing the country billions of dollar’s worth of merchandise that is being stolen.  The millions of dollars spent by these retail stores to prevent shoplifting, is minor considering the billions of dollars lost by employee theft and shoplifting. Among other preventive measures your retail store is taking, is a well trained prevention team included?  For more about this topic, follow the links below.


Bar the Door

Anti-theft glass makes storefronts less vulnerable to break-ins

With all the talk about the very real need to protect the security of customer information and an enterprise’s data, it can be easy to forget the reality of in-person threats to a retail establishment. Theft and other forms of shrinkage are no small matter — in 2014, retailers reported average shrinkage of 1.4 percent, according to the most recent National Retail Federation/University of Florida National Retail Security Survey. That equates to $44 billion.

Shoplifting and organized retail crime represented 38 percent of inventory shrinkage for the 100 retailers that participated in the survey; in 2014 the average dollar loss was $318 per shoplifting incident. Criminals gain access in any number of ways; some brazenly walk in during operating hours while others break in while the store is closed.

A gas station/convenience store owner in Daytona Beach, Fla., experienced a number of storefront break-ins that involved criminals smashing the glass of the front door.


How to implement smarter employee theft detection

No retail business wants to believe that they might be subject to theft from their own employees. Unfortunately, it is a very real problem. It might be stealing items on their person, or exploiting employee discount privileges to significantly reduce the price – either way, employee theft can account for as much as 28 per cent of unexplained inventory loss globally, according to the recent Global Theft Barometer Report.

In order to prevent it, it is first important for employers to be aware why employees might feel the temptation to steal – from financial pressures in their personal lives, to general disgruntlement with their employers. But irrespective of the emotional reason that causes employees to consider stealing, it all boils down to something very simple: they think they can get away with it.

Deterring employee theft

A deterrence, of course, breaks the urge to do so. Whilst establishing predetermined consequences of theft will of course work to an extent, implementing a sophisticated detection system is arguably the most effective deterrent. Prevention is the best form of protection when it comes to retail shrinkage.


Coaching Lessons for Managing Your Loss Prevention Team

Loss prevention managers should know that the strength and quality of their teams can be directly proportional to the results achieved by team efforts.

Some of the most rewarding experiences in my work life have involved building teams. It has always been my opinion that the strength and quality of your team is directly proportional to the results.

With responsibility for loss prevention, new store development, and service operations, my primary function at work is leading teams of individuals to success. After 20+ years of retail experience, I thought I understood loss prevention team leadership. But in raising and coaching my son, I learned some things that have changed the way I view my teams at work.


DO YOU NEED A BURGLAR ALARM?

240x600Often overlooked for small businesses is the dire need for a suitable burglar alarm system. I talk about EAS placement and CCTV all the time. Those are rendered absolutely useless is someone busts in through the back door. If your burglar system isn’t up to standards, you run the risk of losing everything.

I think (and hope) that all of you have at least a basic intruder alarm system set up with a reputable monitoring service. I want to go a little further than that and give you some insight on what I’ve seen that works and what really doesn’t. I’ve seen plenty systems over the course of my career and while I’m not an expert on alarm systems, I have common sense (something that seems to be lacking the higher you progress on the retail ladder).

Every store, no matter the size should at the minimum have motion detection and depending on your assortment, shock sensors. If you’re not familiar with the latter, they are generally designed for placement on solid walls (think a firearms cage in a sporting goods store, or the cement wall surrounding the vault at the local bank). These alarms trigger if there is a significant shockwave, i.e explosion, or perhaps a vehicle ramming through. Very important to consider depending on your particular assortment and layout. Motion sensors on the other hand are far more common and should definitely be part of your security system. As the name implies, they detect motion.

One thing my company struggled with for years was false alarms. We were actually paying thousands of dollars in false alarm fines to our local police department one year at this one particular store. Almost every night, the motion sensor would trip, police would be dispatched and we’d find no evidence of a breach. We eventually discovered that we had a cat that was taking up residence and wandering the aisle at night. We eventually changed the trigger to dispatch police from one motion activation to no less than 4 before we would dispatch police. This helped out tremendously and we’ve since implemented that practice to all of our stores.

One other thing we found that didn’t quite work with the motion sensors was our outdoor storage yards. If the wind blew a little too hard, or if animals would slip in, they would trigger a police dispatch. What we did was configure the dispatch to only trigger if there was an outside motion trigger coupled with a breach of gate. By a little trial and error, we found the best solution to keep our store protected, all while eliminating any false alarms to our local police department.

Usually attached to any burglary alarm system is the fire alarm system. I bring this up as I want to talk about a technology that we’ve just begun implementing in our stores over the past 6 months that I think is definitely worth the investment. That being delayed egress fire exits. We had stores in this one market that were being just absolutely hammered with fire exit run outs. We had groups of people that would load up shopping carts full of buggies and push out of the fire exits where an idling pickup truck is waiting. We struggled to stop this trend and were hit with a brick wall; until we tested out the delayed egress.

If you’ve never seen these in action before, they’re pretty awesome. What happens is pretty simple. If someone attempts to open a fire exit, the door has a 10 second delay; meaning the alarm sounds, but the door cannot be physically opened for that time period. The only way this is circumvented is if the fire alarm is activated; then the door opens immediately. The first time our fire exit bandits hit a store with the new doors was priceless. The look of sheer terror and panic on their face as they tried to get out the store, but couldn’t was pure awesomeness. This install, while an investment, has already shown to have not only great potential, but has already given us results.

As with any system, there isn’t a “one size fits all” plan. I encourage everyone to do their own homework when it comes to protecting your store when you’re not there. I guarantee that you can find a balance between your store needs and your budget. While with any new system, there is always an investment to be made, think of this as an investment that you can’t afford not to take.


Online Scams and How To Protect Yourself


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According to the United States  Census Bureau’s annual population projections, the United States will have a 2015 estimated population of 320 million people.  Keeping that figure in mind, the statistics for credit card holders in the United States is 1,895,834,000. And the average amount of credit cards a holder has is 3.7.  With those figures in mind it is no wonder the security threat an American faces regarding identity theft, credit card theft and other related issues concerning security is great.  If you use a credit card or shop online, make sure that you always check your charges and alert the credit card company of any discrepancies you may see with your credit card bill.  For more news about this topic, follow the links below.


LP101: Establishing a Safety Culture is Critical to Safety in the Workplace

Leadership Must Establish and Maintain an Environment that Adopts Safety as a Core Value

An effective safety culture is widely accepted as being the essential component in the development and implementation any program supporting safety in the workplace. The safety culture reflects the attitudes, perceptions, values and beliefs that all employees within the organization share in regards to safety, and serves as a guide as to how safety is managed in the workplace.

Preventing accidents is about ensuring that everyone, regardless of their position in the organization, follows safe practices and safety procedures. A safety culture which actively engages everyone through personal responsibility instills the qualities that motivate employees to strive to achieve safety excellence. Rather than simply posting policies and procedures, safety is incorporated into our strategic plans and everyday mission.

An effective safety culture is an informed safety culture, and is the product of the values, perceptions, competencies, attitudes, and patterns of behavior that clarify the commitment and proficiency of the company’s safety management program. That vision calls for an absolute belief that every employee can help create and maintain a workplace free of illness and injury; demonstrated by an active commitment to safety in the workplace throughout the entire organization. When building this culture, management must establish and maintain an environment that adopts safety as a core value of the company, following fundamental safety principles:


How the ‘Ten Commandments’ of Cyber Security Can Enhance Safety

Hacker attacks such as the one on Hollywood Presbyterian Medical Center show how easily digital platforms can be turned against organizations, but taking 10 steps can augment security, write RANE founder David Lawrence and his co-authors in this opinion piece.

Imagine you are admitted to a hospital for treatment of a serious but treatable illness, and then your records are stolen. The medical staff is now at a complete loss about your care. While the doctors are scrambling to figure out what to do, they soon realize that all the hospital’s records are missing and that someone is demanding that the hospital pay a ransom in exchange for their release. Now imagine further that the hospital has no alternative but to pay the demand (in Bitcoins) in order to ensure the safety of its patients.

One has to look no further than the recent attack on Hollywood Presbyterian Medical Center and other headlines to realize how quickly and easily our digital platforms can be used against us. While the Internet has delivered on its promise of global access and efficiency, it also accelerates and scales the darker forms of human activity — theft, fraud, extortion, blackmail, espionage (state and corporate), terrorism, insider trading, property destruction and criminal mischief. Soon, the Internet of Things (IoT) will even more seamlessly connect our devices to everything we need — as well as everything we need to fear.


Online Scams: How Can You Protect Yourself and Your Family?

Dear Carrie: My mother is quite independent and does a lot of her financial business online. I hear about fraudsters preying on seniors all the time and worry about her falling for a scam. How can I protect her?

Dear Reader: It seems there’s no limit to the imaginative scams that today’s fraudsters can come up with. Just when we’ve all become aware of the email from a “friend” purporting to have been robbed in some far-flung place and needing money, there’s the new scam threatening arrest if you don’t pay back taxes or the tech support scam or—you name it. Seniors are a prime target because they’re perceived as more likely to have assets—and perhaps less likely to be skeptical.

But financial fraud isn’t age specific; we’re all targets. When you consider that the FBI’s Internet Crime Complaint Center (IC3) received 269,422 complaints representing more than $800,000,000 in losses in 2014 alone (and it’s estimated that only 15 percent of victims report crimes), you start to understand the enormity of the problem.

So, while it’s great that you want to protect your mother, when it comes to the potential for being scammed, we all need to take heed. My advice would be to sit down with her— and the rest of your family — to discuss best practices for fraud protection both on and off the Internet.

 


 

HOW SECURE IS YOUR BACKDOOR

LPSI EVOLVE-Store Mobile AppWhere are you losing the most to employee theft? Is it cash through the point of sale, bogus invoices, or fraudulent discounts? If you’re like most retailer stores, it’s more than likely a little bit of each. One area that is so often overlooked is our back doors. If not properly controlled, you can lose tens of thousands of dollars’ worth of merchandise before it even hits your sales floor.

Just this past year, I worked a case in one of my high shrink stores. The managers were reported huge losses in electronics items and hunting accessories. After an investigation was conducted, we were able to determine that the product had never made it to the shelves. After a few days of surveillance, it was clear that a handful of receiving associates were operating their own small business. Product was simply taken off the truck and taken right out the back doors.

Just a few months ago another store was missing approximately 10,000 units of ammunition. We tracked this shipment from our warehouse, where we had video of it leaving the dock, as well as video of the merchandise being unloaded at the store. Video also showed a receiving employee wheel it out the back door on a pallet and load it into his personal vehicle.

I could sit here for hours recalling case after case, where employees exploited physical security failures around our back doors. In just about every single case, there was a violation of our company’s policy that led to the associate being able to steal the product. As managers, you have to take ownership of this area, or else it will bleed you dry.

First, ensure that only managers have a key to the back door and that a manager is the only one using those keys! All too often, I’ve seen managers give their keys to a “trusted” associate, in an attempt to delegate tasks, only to have that associate rob them blind. Your managers are key holders for a reason; and that trust should only stay with them.

When manager does open the back door, they should stay at the doors. I’ve had cases where a manager would step out of the warehouse for a minute with the door open, and an employee would run product out. If the door is open, the manager stays posted until the doors can be locked. This is a non-negotiable item for my company. Unsecured and unattended back doors can get a manager a coaching in their file. It’s that serious.

Plenty of stores don’t have the luxury of a compactor and have to take the trash out to an open-top dumpster several times a day. This is a great time for employees to stage product inside of trash bags. To prevent this, you should mandate that all boxes be broken down prior to the door being opened. In addition, use clear garbage bags instead of solid black. This lets you see what each bag contains before it goes outside.

Securing the back door, to me, is just as important as any other physical security measure used in the store. I can use all the EAS devices and anti-theft tools in the world, but they won’t be effective if the product is flowing out of the back door. This is one of the biggest areas of potential loss for any store and I can guarantee that if you have any weaknesses, or lapses in policy, a dishonest employee will find them and they will exploit them. Do yourself a favor and make sure your back door policy is locked down this holiday season.


How to Find a Good Security Consultant

meetingpic.In today’s business climate it’s impossible for an owner or manager to have all the knowledge and experience needed to run a successful company.  There’s too much new and changing information (i.e., technology, taxes, healthcare, government regulations, legal liability) for any one person to keep up, let alone have a working understanding.

That’s why even very small businesses are using temporary specialists more often than ever before.  Outside experts fill the many gaps which any business has: lawyer, marketer, accountant, consultant, business analyst or web designer.  Increasingly, one of the requirements for many companies is security consulting.

The growing need for risk assessments and security measures is an area of concern most companies have never had to face.  It’s an area which requires expertise beyond what the average manager or owner can be expected to have.  It just makes sense to outsource it. 

But, how do you find a good security consultant?  As any good security consultant will tell you — due diligence is the key.  To get you started here are a few tasks to do and questions to answer for each candidate.

* Interview more than 1 person, 3 is usually enough to find the right one.

* Do they welcome or hinder your due diligence?  A viable candidate will endorse your actions.   

* Check their references and credentials.  Also, depending on the project you have in mind, consider doing a background check.

* Evaluate and validate their work experience.  Do they have the expertise they claim to have?  There are many types of security issues.  Does their knowledge fit your problems? 

* Are they listening to you and your people?  Are they offering solutions before they understand the problems?  Are they trying to up-sell you?

* Do they demonstrate responsibility by following up when they say they will (i.e., bids, phone calls, appointments, texts, emails)?  If they’re not responsible when they’re trying to sell you, it usually gets worse during the project.

* Is there a contract?  There should be one that’s clear and easy to understand.

Security issues — workplace violence, cyber attacks and breaches, employee theft, shoplifting — are continuing to grow.  It’s time to think about how they affect your business and take steps to address them.  These are concerns that aren’t going to go away. 


Nicole Abbott is a professional writer who’s had over 100 articles published.  She’s a business consultant and former psycho-therapist with over 20 years of experience in mental health, business and addiction.  She’s a coach, lecturer, trainer and facilitator.  She has conducted over 200 workshops, trainings, presentations, seminars and college classes. 

Shoplifting Prevention and Your Inventory

theft (11)Keeping track of your inventory this holiday season is not an easy task.  The time and work that this task takes is not easy for many managers to keep up with, nor something they relished doing.  But maintaining an accurate inventory is not only good to keep up with customers likes and dislikes, but to keep a closer eye if shoplifting is happening in your store.

For more about this and other topics, follow the links below.


Business Security: 10 Tips to Prevent Shoplifting

In 2010, shoplifting accounted for 31% of retail inventory loss, according to a University of Florida retail security survey. This loss cost retailers about $10.94 billion during that year, according to a Washington Post article about the survey. 

Items most commonly stolen include clothing, books, music, jewelry, watches, tires and car parts. “Everyone thinks about little Johnny stealing a pack of bubble gum, but there are also professional gangs that target stores and steal billions of dollars every year,” says Joseph LaRocca, an adviser for the National Retail Federation, in the article.

While security cameras can help identify suspects after a theft occurs, there’s plenty a retailer can do to prevent shoplifting from happening in the first place, according to the North Carolina Governor’s Crime Commission and the Specialty Retail Report.

  1. Greet customers as soon as they come into the store. Addressing customers removes their anonymity. Shoplifters are known to avoid stores with attentive salespeople

5 Quick and Low-Tech Tips To Prevent Shoplifting in Your Retail Store

As a small business retailer, it’s not always easy to just throw money at problems like shoplifting and take advantage of all the technology that big box retailers may be privy to. Whether it’s cameras, door scanners, or facial-recognition software, sometimes their big-ticket cost just doesn’t fit with your small business security budget.

But when you recognize facts like shoplifting costing retailers upwards of $13 billion each year, it’s important to identify it as a problem that needs to be dealt with.

So, what’s a boutique owner to do? In this post, I’ll be looking at cost-effective and low-tech tactics that you can start implementing right away.

Let’s dive in.

1. Keep Your Store Organized and Products Well-Placed

How easy should it be to identify whether something has gone “missing” from your store? Empty space on your shelves should be enough of a visual cue to signal something has gone wrong.

However, if your store is messy, disorganized, or a maze to get through, it can be harder to notice that you’ve been “gotten” until it’s too late.

Security expert and founder of Crime Doctor, Chris McGoey recommends the following: “You want to keep all your merchandise “faced,” which means pulling your products to the edge of the shelf to create a solid wall of product. If someone sweeps the shelf, then it is easy to tell.”


Impact of retail theft: Costs customers, hurts business fuels drug trade

Shoplifting is a crime that happens often, but many people don’t often stop to think about its impact. The retailer suffers, shoppers pay more and police resources are expended.

Walmart is one of many stores that are frequently targeted by shoplifters.

By Zach Glenn
[email protected]

Posted Nov. 14, 2015 at 8:15 AM

Shoplifting is a crime that happens often, but many people don’t often stop to think about its impact. The retailer suffers, shoppers pay more and police resources are expended.

“From the law enforcement side (retail theft) can take up a lot of resources when it comes to investigations which can be problematic when there are other emergencies coming in and other cases that need worked on,” said Pennsylvania State Police spokesman Robert Hicks. “From a societal point, we all know when businesses lose money from theft that their prices increase which impacts all of us as consumers.”

Police calls

Last year, Walmart reported that around 1 percent of its total profits had been lost to shoplifting — for a total of $3 billion. Greg Foran, head of U.S. Walmart operations, said in a statement earlier this year that without theft, prices could be lower.

Other stores targeted by shoplifters sell items that are easy to resell, such as scrap metal from home improvement stores like Lowe’s or Home Depot and movies, music and video games from electronics stores like Best Buy.


Employee Theft Can Create Managerial Burnout

meetingpic.It’s no secret that employee theft in retail stores continues to rise.  The amount of lost revenue is in the billions.  There are many articles, memos, reports and studies about its affect on the bottom line.  But, equally important, and less talked about, is the cost of employee theft on their managers.

Many managers say that “being betrayed” by employees who steal is “the last straw”.  This last straw is the one that puts them “over the edge”, which creates burnout.  Some of the symptoms of burnout are apathy, anger and unhappiness.  Unfortunately, if a supervisor doesn’t recognize and deal with these symptoms a cycle starts. 

She starts to resent the employees and dislike her job.  The resentment spreads to upper management, customers, vendors and peers.  Everyone reacts to her resentment with their own anger.  Inevitably, the resentment causes bad behavior or acting out, which leads to an unending process of more hurt feelings and acting out.

The store becomes one of those stores – we’ve all been in them – where everyone has a bad attitude.  By the time they’re that toxic it becomes difficult, if not impossible, to sort out whose “fault” the problems are, because both management and employees are responsible. 

This cycle usually starts with supervisors who expect and want their employees to have personal relationships with them.  They see the workplace as a social situation and the employees as friends.  They want everyone to be “one big happy family”.  When, not if, an employee is caught stealing he’s seen as a disloyal, unfaithful friend. 

The manager’s resulting feeling of betrayal is a personal response, rather than a professional one.  Personal response – How could he do that to me, after all I did for him?  I treated him like a friend/family member.  Professional response – This is disappointing.  But, it just goes to show that you can never tell.

Employee theft will continue to be a major problem in retail.  A smart, emotionally balanced manager will not take it personally, nor let it create a cycle of burnout.  Establishing and keeping a boundary between work and home is a part of good mental health. 


Nicole Abbott is a writer, business consultant and psycho-therapist with over 20 years of experience in the fields of mental health, business and addiction.  She’s an educator, coach, lecturer, trainer and facilitator – who has conducted over 200 workshops, trainings, presentations, college classes and seminars. 

COPYING EMPLOYEE THEFT

shoplifting1Quite often, I like to showcase a new theft trend, or perhaps a funnier shoplifter story for a bit of humor. This month is no different. We’ve talked about some pretty serious issues on the past two articles and now I just want to share a story that goes along with that employee theft piece. It’s something I bet each and every one of you will react to immediately after reading.

At one point last year, our company finally gave us (Regional LP Managers) access to our store’s P&L statements. You would think we would have already had this… Better late than never I suppose. It’s a great tool for me to see the overall profitability of the store. I can use my expertise to help the store reduces losses/expenses and to become a more profitable business. One store in particular stuck out. They were over their office supply budget by thousands of dollars. Odd.

Most stores spent between $500-$1000 a month on office supplies like toner, paper, pens and pencils. This particular store was spending triple that; at least $3k each month. I met with the store manager during a visit and asked about that line item. He was just as perplexed. Where were these office supplies going each and every month? We devised a plan. We initiated a “buy back” program for all employees. We put up signs in the offices and common areas asking all employees to clear their lockers, cars and homes of any supplies they may have taken home. It happens, no big deal. When the employees returned the items, we weighed them on a digital scale. The employee with the heaviest return received a gift card. Well, it worked. We had pens and pencils for the next two years. Next month, the store still spent $2k in supplies.

Baffled, I reached out to our accounting department. Surely, there had to be an error somewhere. Perhaps a line item was being mixed in where it shouldn’t be. It took a few days, but I convinced one of the accountants to give me an itemized breakdown of all office supplies the store had ordered over the past year. Toner. The store was ordering toner. Lots and lots of toner.

I questioned the managers and personally searched the store. Over the past six months, the store had ordered nearly 25 replacement toner cartridges. Couldn’t find them, and couldn’t explain why the store was ordering so many. I decided to ask the administrative assistant. A kind of last ditch effort to explain why the store kept ordering copy toner. 15 minutes into my conversation and I had a theft confession.

Toner, apparently, will resell very easily online, especially if you mark it down about 50%. The administrative assistant was ordering toner, then simply walking out the front door with it. She’d post it on eBay and was making a pretty healthy profit from it. It was a first for our LP department. No one else had ever, in my company’s history, uncovered this form of theft. It was a bit unusual, but still cost us well over $12k. My advice to you; look over your office supply orders.