Loss Prevention Research Council (LPRC)
Joe Budano is an accomplished executive with extensive experience in leadership roles across various industries. Currently serving as CEO of Indyme Solutions since 2012, Joe oversees the design and marketing of customer engagement and loss prevention systems. Joe is also a member of the Board of Advisors for the Loss Prevention Research Council and serves as Chairman of the Board for Tech San Diego, promoting the local tech community. Additionally, Joe holds board positions at Knoitall.com and previously at Vicon Industries, demonstrating a strong background in governance and strategic oversight. With a wealth of expertise in mergers and acquisitions as a partner at Acuity M&A Advisors, Joe has a proven track record of driving innovation and business growth. Joe's educational background includes an MBA from Northwestern University's Kellogg School of Management and a Bachelor's Degree in Mechanical Engineering from Boston University.
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Loss Prevention Research Council (LPRC)
The Loss Prevention Research Council (LPRC) uses fact-based research to develop crime and loss control solutions that improve the performance of its members and the industry. Today, the LPRC community is made up of over 60 retail members and 70 solution partners. was founded by leading retailers and has conducted over 300 real-world loss prevention research projects. The LPRC members meet monthly by phone, webinar or in-person in 10 ongoing Working Groups & Innovation Chains including product protection, supply chain protection, ORC, violent crime, LP innovation, and data analytics. LPRC PhD level researchers explore, develop, and measure the sales boost, crime and loss reduction, and financial impact of initiatives using scientific methods including: • Randomized field experimentation • Offender, consumer and staff interviews and focus groups • CCTV footage review • Statistical analyses and models • Surveys and focus groups LPRC also conducts proprietary research, training, expert witness and consulting for both members and non-members.