Make PO7 Security be your best partner in LOSS PREVENTION. With our many years of experience, we can help you build a tailored strategy that includes market-specific best practices in your environment, such as:
Following an effective diagnosis, our team will apply all its expertise into understanding, defining and building a realistic action plan to help you reduce losses and improve your profits.
The role of a LOSS PREVENTION officer or specialist (LPS) is to help protect a retail business’ bottom line by identifying the causes of such losses. Preparation of a detailed action plan highlighting the procedures that need to be followed is essential. Clearly communicating the plan to store operations, through group meetings or on a one-on-one basis is highly effective. Finally, a thorough Review is essential to measure & confirm that the plan is being effectively implemented by operations and is working as intended.
Store location, size of stores, changings rooms, how many people working on the sales floor are among the factors that need to be considered when addressing causes of potential shoplifting opportunities.
Although LOSS PREVENTION duties may vary by region, the common goal is to help reduce losses resulting in increased profits and allowing retailers to reach their desired objectives.Following and confronting suspected shoplifters is not an easy task and it is important to know when to do so. It takes training, multiple roleplaying scenarios and a thorough knowledge of legal procedures. Errors can result in legal repercussions as well as negative social media exposure to the store employee or owner, and potentially cause your brand serious damage.
Shoplifting – Cards - Money currency - Price modification – Robbery – Breaking an entry - Theft by offense - Online sales
Theft of goods - Theft of money – Refunds - Price modification -Theft of personal effects -Employee Purchases - Key control - Information theft - Material theft -Theft of time
Regardless of the strategy implemented, it should always fit into your overall physical security management plan. Some useful indirect benefits of a LOSS PREVENTION strategy are that it shows your employees that you care about your losses.Employees notice when administrative errors impact their work and this issue can have a serious impact on morale and attitude. Being proactive and showing effort to prevent losses demonstrates to your employees that you are invested in running a high-performing business and have invested to ensure employees respond positively to that effort.
Its profoundly serious and many retailers are reporting an increase since Covid-19 has begun. Local Police authorities are slow or not responding as fast as they should. Most of the courts are back-logged and prosecutions are delayed or dismissed in some cases due to technicalities. With the current realities, prevention and deterrence is a much better strategy than apprehension.
Introduction to Loss Prevention
How to Prevent Employee Theft
How to Prevent Employee Error
How to Prevent Shoplifting
An Efficient Backdoor Receiving System
How to Create a Culture of Loss Prevention
How to Use Loss Prevention Technology Effectively
Who Is This Training For?
We serve clients across Montreal, South-Shore & Sorel-Tracy, Quebec.