Retailers Unite – Sort Of – to Combat Fraud
Security Director News reports in this month’s edition that the National Retail Federation and the Retail Leaders Industry Association have worked in collaboration with the FBI to form a web-based information sharing network to combat organized retail crime. The new initiative, with the unfortunate name of LERPnet, will require retailers to pay $1200 per year to participate.
When I’ve interviewed retailers and manufacturers about retail crime, the number one inhibitor is cost – who is going to pay for it. The retailers complain to their distributors. Distributors gripe at manufacturers. And manufacturers are annoyed with the entire supply chain. Fraud happens at every level, which means there is always someone nearby to whom you may pass the buck. Don’t you think this program needs to enlist support from manufacturers and distributors more than just the retailers? And where will the funding for anti-counterfeiting and anti-diversion technologies come from?
Let’s hope LERPnet, which stands for Law Enforcement Retail Partnership network doesn’t become another in a long line of Bumbling Unorganized Retail Programs network…