Paul Paglia
Director Asset Protection Field
Five Below, Inc.
Paul Paglia began his career in Loss Prevention in 1987 as a Detective for Sears while attending college. Over the years, he ascended through various leadership roles, including Supervisor, Manager, District Manager, Regional Manager, and Corporate Executive, ultimately becoming Vice President of Loss Prevention, Operations, and Asset Protection. Paul has held influential positions at JCPenney, The Home Depot, Bloomingdale’s, and Donna Karan International, demonstrating expertise in enhancing operational efficiency and asset protection. For the past four years, he has been a key leader at Five Below, contributing significantly to the company’s success and long term strategy.
Speaking in:
Wednesday Jun 25
1:30pm - 2:00pm
Exhibitor Big Ideas Stage
Five Below’s Self-Scan Success: Transforming Inventory Management and Reducing Shrink
In a time when retailers face ongoing challenges of shrink and loss, Five Below embarked on a transformative journey to optimize their inventory management processes. Discover how they successfully transitioned from reliance on third-party vendors to self-directed inventory counting, leveraging enhanced inventory visibility to drive significant improvements in operational efficiency and retail loss reduction.
Discussion highlights:
- Understand the strategic shift Five Below made towards self-directed inventory counting.
- Explore the innovative approaches adopted to enhance inventory visibility and real-time management.
- Examine the tangible benefits achieved, including cost reductions, accuracy improvements, and organizational impact.