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By integrating these HR management features, retailers can create a safer work environment that actively discourages internal theft and enhances overall security.
Posted in Blog Tags: energy efficient heating system, heating oil delivery, heating oil emissions, heating oil prices, heating oil safety, oil-fired heating system
The primary advantage of using EBR and analytics for loss prevention is the ability to gain actionable insights from data. By identifying patterns and anomalies in transaction logs, audit compliance data, case history, alert history, and e-commerce transaction history, retailers can proactively address issues before they escalate into significant losses.
Around 18 million households in the U.S. utilize heating oil to fuel their heating systems every cold season. The Northeast region in the country has the highest demand for heating oil. More than 5.5 million households from the Northeast region of the U.S. use heating oil as their main fuel every winter.
Violent incidents pose significant threats across various sectors, including retail, supply chains, and other industries.
At its core, loss prevention is about identifying vulnerabilities within a business’s operations and taking proactive steps to mitigate risks. This includes everything from employee training and customer service to the deployment of advanced technology like surveillance systems and inventory management software. By focusing on loss prevention, businesses aim to create a secure environment that deters potential theft or fraud while ensuring operational efficiency and customer satisfaction.
Loss prevention refers to the strategies, practices, and tools implemented by retailers and businesses to minimize loss and protect profits. This encompasses a broad range of activities designed to prevent theft, fraud, administrative errors, and inventory mishaps that can negatively impact a company’s bottom line.
Organized Retail Crime (ORC) is a major and increasing problem for retailers, involving organized thefts or scams carried out by professional criminal groups. The complexity and scale of ORC operations require specialized tools beyond traditional loss prevention methods to effectively combat this challenge.
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Home heating system replacement can be an expensive and frustrating ordeal. Propane- and natural gas-powered systems typically have a lifespan of 15 to 20 years. On the other hand, oil-based heating units can last for up to 30 years or more as long as they receive proper and regular maintenance.
ThinkLP enhances EBR and analytics by providing seamless integration with point-of-sale (POS) systems, e-commerce platforms, inventory management systems, and omnichannel retail data. This comprehensive approach allows for the aggregation of data across various sources, enabling real-time analytics and alerts. Now, retailers can easily filter and explore transactions, detect suspicious patterns, and link inventory data with analytics tools to understand trends and events throughout their supply chain.
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Effective Human Resources (HR) management plays a crucial role in loss prevention, establishing a foundation for a secure and trustworthy work environment. By ensuring that HR processes are handled with diligence and integrity, organizations can significantly mitigate risks associated with internal theft, fraud, and other security breaches.
Regular audits are a cornerstone of effective loss prevention, serving as a critical mechanism for ensuring compliance and identifying potential risks before they escalate. These systematic evaluations are essential for uncovering discrepancies that could lead to financial losses or legal issues.
Heating oil costs less today than it did 20 years ago, with inflation adjustments. Oil heating costs also have an average price that is at least 2.5 to 5.5 times lower than electric-powered heating. On average, homeowners who utilize oil-fueled systems also pay less than households who use natural gas systems.
ThinkLP’s flexible Loss & Safety Intelligence Platform is designed with the retail sector’s unique needs in mind, helping to lower risks, ensure compliance, improve operations, and strengthen loss prevention strategies. Their solutions are essential for modern retail businesses focused on protecting their profits and driving long-term growth.
ThinkLP’s suite of ORC investigation tools is designed to empower retailers to confront and dismantle these criminal operations efficiently. Key features include:
When you use clean fuel on your heating system, it reduces the number of cleanings and check-up visits needed by your heating unit annually. Traditional oil means that there will be sulfur buildups and deposits on the heat exchanger. There will be more grime in your system, so you need to have your system cleaned more often to ensure it works efficiently.
Homeowners who live in rural and remote areas will find it highly advantageous that heating oil is portable and easy to access. An oil supplier can deliver it to your home even if other types of fuel, such as natural gas, aren’t as easily accessible.
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The heating oil formula has made continuous advancements because of bioheat technology. It allows heating oil to be mixed with low-sulfur biofuels, made from a blend of oil, soybean, vegetable, or sunflower oil. This way, sulfur emission and particulate matter are reduced by 75 to 80%.
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Tevis Energy is a trustworthy HVAC company and heating oil delivery company that services central Maryland and southern Pennsylvania. Our company offers affordable and the most competitive heating oil prices in the area. Our goal is to provide you with excellent products and services. When you choose us to be your oil supplier, you can rest easy knowing that you will have correct and prompt heating oil deliveries at the best possible prices. Furthermore, we offer various heating oil delivery plans and financing options, as a way to customize your oil deliveries. Be sure to call us today to learn more.
Supplier reliability, geopolitical tensions, natural disasters—these factors significantly impact supply chain risk management. Understanding and managing these risks isn’t just a best practice; it's essential for maintaining operational continuity and profitability. In this blog, we'll explore actionable strategies to help supply chain managers, small business owners, and logistics professionals mitigate risks and build resilient supply chains.
ANFO
Tevis Energy has certified and highly trained HVAC technicians to cater to all your heating and cooling needs. We guarantee that each of our techs has the experience, skills, and knowledge to provide excellent HVAC services. Our team can assist you with installations, repairs, maintenance, and much more. Our superior HVAC solutions always come at affordable costs.
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A centralized case management system is crucial for retail loss prevention, offering a complete platform to efficiently track incidents, investigations, and their results. By bringing this information together in one place, retailers can keep a clear view of all loss prevention efforts, making sure that each case is managed properly and in an organized way.
Although the cold weather is behind us, it is always important to find ways to make your home heating as efficient as possible. After all, heating systems take up almost 42% of your home’s energy costs. Therefore, it is a good idea to look into the different fuel alternatives and ways you can maximize your home’s energy efficiency.
Consumers of heating oil do not need to worry about shortages. Propane and natural gas typically come in limited quantities during the winter, thus, creating shortages. However, this does not happen with heating oil. Homeowners who use heating oil-fueled systems have peace of mind knowing that heating oil will be delivered to their homes when they need it the most. This is especially true if you signed up for automatic oil delivery services.
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Heating oil is known to be a clean fuel source. Newer models of oil-fueled heating units are made to have almost zero emissions while burning fuel efficiently. In fact, some new oil-powered heating units have efficiency ratings as high as 95%. Generally, oil-fueled home heating systems emit only .003% of the total particulate emissions in the U.S.
To ensure that your house warms faster, use heating oil as it burns 300 degrees hotter than natural gas. This also helps your unit achieve maximum output.
ThinkLP’s case management system stands out for its versatile data capture capabilities, allowing for detailed incident and accident entries. It facilitates the linking of Organized Retail Crime (ORC) incidents, making it easier to identify patterns and repeat offenders.
ThinkLP’s smart audit solutions are engineered to meet the nuanced demands of the retail sector. The platform offers robust compliance audits, ensuring that stores adhere to both internal policies and external regulations. Dynamic assignment capabilities allow for audits to be scheduled and conducted based on real-time needs, optimizing resource allocation. A standout feature is the platform’s adherence to OSHA standards, which is important for maintaining safe workplace conditions.
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As ORC groups get smarter, using technology and tactics to stay under the radar, there’s a bigger need than ever for advanced tools to deal with them.
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Heating oil is a non-explosive compound that is safe to use at home. It will not explode like natural gas will, even if it mixes with the air. Heating oil will not explode when a lit match is dropped on it as well, unlike propane. Inhaling oil fumes is also not fatal, and it is unlikely for carbon monoxide to enter your home when you use heating oil.
Increased heating unit efficiency means that an average household uses 25% less heating oil during the cold season than in 1989. Moreover, the yearly cost for heating oil has been consistently lower than electricity and natural gas. The Department of Ecology estimates that oil heats 16% more efficiently than natural gas as well.
It is recommended that you get to know everything you can about what fuels your home heating. Here are 16 heating oil facts that will help you make the right decisions for your home:
Exception-based reporting (EBR) and analytics serve as critical tools in the loss prevention arsenal, offering a sophisticated way to spot anomalies that could signal losses. This approach sifts through vast amounts of data to highlight exceptions to normal operations, which often point to potential issues such as theft, fraud, or procedural breakdowns.
By registering for this event, you are agreeing that ThinkLP and Flock Safety have the right to use photos taken at the event for marketing purposes thereafter