Magazine Article | January 19, 2012

Keeping Pace With The Modern LP Executive

Source: Innovative Retail Technologies

February 2012 Integrated Solutions For Retailers

By Lisa LaBruno, VP, loss prevention and legal affairs, RILA

Retail Industry Leaders Association’s (RILA) initiatives reflect the key priorities of LP executives and their evolving LP functions.

Retail loss prevention continues to evolve, with LP executives stepping out of their corporate silos to collaborate with industry peers and external stakeholders and forcing LP professionals to diversify their portfolios and take on additional roles like safety manager, haz mat specialist, human resource investigator, and auditor. And, at RILA, we can see just how diversified the LP function has become and how the spirit of collaboration is alive and well through careful examination of the key LP initiatives in 2011.

Last year saw its share of natural disasters, both domestically and overseas. With each event came a reminder to LP executives of the critical role of preparedness in a retailer’s response and recovery efforts. This past year, RILA’s Disaster Response and Preparedness Committee (DRAP) was keenly focused on corporate and industry preparedness, working together and with external stakeholders to develop strategies for mitigating the impact of disasters. DRAP members met regularly to discuss preparedness and response protocols, leading practices, and strategies for streamlining industry efforts.