Retail security and loss prevention is an invaluable reference for both retail and security professionals. This report, changing retail, changing loss prevention, analyses the evolution of retail crime and loss prevention in the light of the global retail theft barometer grtb publications since 2001. Featuring expert advice from industry professionals and real world case studies. My goal is that no lp officer ever loses and case or ends up on the wrong side of law due to a preventable mistake. Retail s premier loss prevention and cyber risk event. In this article, loss prevention and security expert, john hassard m. Retail loss prevention solutions to reduce shrink with a sophisticated, easy to use platform designed for retail lp professionals. Retail loss prevention is one of the main determining factors to retail success and profit. The retail theft program is an alternative reporting procedure. Top 9 effective retail loss prevention tips from the pros. Retails premier loss prevention and cyber risk event. Former fbi agent shares three ways to cut internal theft.
By developing a solid understanding of why and how retail shrinkage happens, you can devise a pragmatic and effective loss prevention strategy for your store. Establish a confidential reward system for information leading to recovery of equipment and or a subsequent arrest. This playbook will help you with strategies and tactics to enhance your loss prevention effort and get the most out your envysion service. What companies in the retail industry need to do is implement clear and actionable retail loss prevention plans. Loss prevention guide for retail businesses national retail federation.
Get the basics on hiring security services, devising theft prevention strategies, and investigating retail theft. In the retail world, shrinkage is a part of life but that doesnt mean you have to settle for throwing away 2% of your sales each year. Cisco retail solutions uncover efficiencies and speed innovation by connecting people and data across the value chain. Loss prevention magazine a view into the world of preventing retail theft and stealing. But the reality is that an effective loss prevention plan is your best bet to limit your retail stores losses. The following guidelines are intended to provide all store employees and interns with important information regarding sales transactions, personal purchases, and general security procedures. Using stepbystep plans, this book helps the reader design and implement costeffective loss control programs. A sample loss control policy statement is included at the back of this manual. Buchheit stores is making investigations related to shoplifting easier for the local police department with a couple of major loss prevention tactics. It is not intended to be a definitive or exhaustive publication on the subject, but rather a handy reference guide for retailers who wish to practice good retail security policies and procedures.
Retail security and loss prevention this page intentionally left blank retail security and loss prevention second e. In cases of ticket scalping, there are several ways to establish probable cause. We offer a wide range of retail security systems to fit your needs. Apr 19, 2018 but the reality is that an effective loss prevention plan is your best bet to limit your retail stores losses. Save relevant clips without sacrificing bandwidth, and with oneclick, export data including watermarked video or snapshots. In most successful loss control programs there is usually one person who coordinates and monitors the program. The complete guide to retail loss prevention gardaworld. Loss prevention training strategies help to preserve your retail profits. Retail security and loss prevention pdf free download. Included in this site are archives of articles from the only magazine dedicated to the lp industry.
Loss prevention guide for retail businesses national retail. Report changing retail changing loss prevention, 20. These highlight some, but not all, of the companys loss prevention procedures. Based on twentyfive years of systematic research and field experience, it is a powerful problemsolving resource. Loss prevention analytics is revolutionizing the way retailers manage their operations by providing a clear view of a retailers operations and verifiable proof of errors and theft. Charlesbrook prevention services can work with your business to develop a customized retail loss prevention michigan program. How to put together a loss prevention plan for your store in. Investigate efficiently by viewing live and recorded video for any store at any time. Sap pos loss prevention analytics for retail sap for. The simple rule for deciding to use armored transportation. Retail employees are on the front lines of loss prevention. This loss prevention and safety manual serves as an overview of our policies and procedures.
Stock loss and theft creates inventory and stock out problems, causing multiple difficulties for retailers. The loss prevention manual the stated purpose of the loss prevention manual by steven e. You can cut down on retail loss in your store by implementing important loss prevention practices. This chapter discusses and describes retail crime and loss, how retail. Retail security and loss prevention solutions our instore security products enable retailers to manage the shrink of their merchandise and in return increase their revenue and profit. Security and retail loss prevention grand rapids michigan. Sapienza is to point out the serious losses businesses face due to shoplifting and employee and vendor theft and to present loss prevention programs that the author successfully employed to control inventory shortage. Nov 23, 2019 is the leading retail loss prevention employment site that offers job seekers comprehensive resources for finding a job online. The handbook of loss prevention and crime prevention, 5e, is a trusted resource for physical security professionals, students, and candidates for the coveted certified protection professional cpp certification administered by asis international. With this solution, retailers gain access to accurate and timely information that has been historically difficult or impossible to obtain. The retail environment has grown more complex with the emergence of new sales channels and changing customer shopping behaviors. How to put together a loss prevention plan for your store. Loss prevention guide for retail businesses national retail federation kimiecik, rudolph c. A solid loss prevention plan means more than sticking a few surveillance cameras in the ceiling.
Retail loss prevention playbook an overview of loss prevention methods using v ideodriven b usiness i ntelligence 201 envysion i nc. Its the only way to effectively fight problems like shoplifting and employee theft. This 10 hour course is for the person that wants to become an undercover loss prevention detective. Feb 28, 2017 buchheit stores is making investigations related to shoplifting easier for the local police department with a couple of major loss prevention tactics. Credits this manual was written and prepared by the loss prevention unit of the office of risk management this unit includes. See how retailers can optimize their current network architecture that is holding them back from meeting consumer demands. How to conduct investigations for loss prevention investigators. Clearly explain this policy in writing and discuss loss prevention programs and policies at regular safety meetings. This manual is a summary of the safety policies and practices in effect at the time of its publication and is designed to provide you with a reference source to answer most of your questions about. Shoplifting 101 expert article in this article, loss prevention and security expert, john hassard m.
When using this playbook, as you consider adopting. Nrfs loss prevention community works with retail lp professionals, law enforcement and government agencies to protect retailers, people, assets, reputations and brands. Retailers continue to invest in new technology to reduce inventory shrinkage. Loss prevention analytics endtoend retail automation. Despite huge investments in your stores fitout, marketing and sales staff, stock theft is ultimately the major interruption to achieving top sales and revenue. Loss control is a proactive approach to preventing accidents and resulting injuries and property damage. Probable cause may not be established if one or more steps are not observed. Those working on site are the most likely to have information of this nature. This guide to loss prevention and security will give some basic and advice in.
The retail theft program does not grant a special police commission, nor does it grant extended. Nov 29, 2019 the truth is, by recognizing the problem and taking steps to counteract it, companies can begin to effectively prepare for and prevent unnecessary losses. But typical losses still hover around 2% of annual sales. How retailers can improve their loss prevention strategy. Loss control requires the commitment of everyone at all levels agency directors, risk management contacts, safety directors, and employees. With the new loss prevention solution, the client can now boast of improved operational efficiency and visibility thereby reducing its losses. International trends in retail crime prevention practice include the global impact of retail crime, the difficulties of measuring retail loss prevention outputs, and the means by which retailers. Businesses which rely on manual processes and systems are more susceptible to this type of shrink. The garda crime prevention officer normally spends a considerable amount of hisher time en. Store detectives and loss prevention macmillan international. Additionally, the tight global economy has led to significantly reduced operating budgets, forcing retailers to do more with less.
It is designed to develop the skills and training needed to catch shoplifters, identify dishonest employees and prepare them for the next position in their career as a manager. Compelling statistics on inventory loss, its financial impact and strategies for fighting fraud. Officer cheryl turrentine, baton rouge officer chip mccormick, shreveport officer. Doris jones copeland, manager brett beoubay, supervisor miller hartzog, supervisor mel belala, new orleans n. Loss prevention resources for investigating and reducing. Any way you add it up, thats a big issue for retailers, especially those with tight margins already. Retail loss prevention reduces and prevents money and inventory losses in retail stores. Hi, i publish what might very well be the only comprehensive training manual available to the public. This playbook is for those who are new to loss prevention, new to using video for loss prevention or just looking for some new ideas. Loss prevention guide for retail businesses national.
Effective retail loss prevention university of leicester. Arresting thieves and investing in technology, the main approaches to retail loss prevention, havent managed to diminish it over the past 15 years. This booklet examines a broad spectrum of retail security. The complete guide to retail loss prevention and security find out how to decrease internal and external theft while safeguarding the retail environment. This program is intended for use by retail store security loss prevention personnel only. It can also be taken by experienced loss prevention agents that want to either retain or refresh their knowledge in either the retail or hospitality loss prevention fields. Loss prevention analytics offers preprocessed patterns to recognize fraudulent activities at the point of sale and is fully integrated with the sap pos data management application and the sap netweaver business warehouse component. The grtb is a series of international reports produced by the centre for retail research which provides annual data on the changing work of retail. Effective loss control, with an emphasis on safety procedures, training, and monitoring. Chapter 1 the mindset for effective loss prevention.
Browse resources and read the latest articles and press releases related to loss prevention. Unless you know the following topics like the back of your hand, you might consider downloading it. The courses are designed for both new employees being hired in the field of loss prevention, and existing loss prevention agents that have had little or no formal training. Online loss prevention training ca state and texas. Agencies that develop, implement, and adhere to a comprehensive safety and loss prevention plan, approved by the loss prevention unit, will be given a credit to be applied to the agencys annual selfinsured premium per line of. How big a problem is internal theft for retailers, restaurants and other types of. It describes the most common retail crime and loss problems along with a stepbystep process for diagnosing and treating these problems. This is an invaluable and comprehensive book, providing cuttingedge asset protection processes. Handbook of loss prevention and crime prevention sciencedirect. Optimize your current network architecture to connect the retail experience and meet customer needs. Provide the leadership and positive direction essential in maintaining firm loss prevention policies as a prime consideration in all operations. Loss prevention analytics endtoend retail automation for. Adrian beck reader in criminology university of leicester, department of criminology, 154 upper new walk, leicester le1 7qr united kingdom email.