Gourt > Business > Retail Trade > Loss Prevention (1)
Loss prevention is a form of private investigation into larceny/theft. The focus of such investigations generally includes shoplifting, embezzlement, credit fraud, and check fraud. Loss prevention or "LP" is a term used to describe a number of methods used to reduce the amount of all losses and shrinkage often related to retail trade.
The objective is to maximize profits through reducing shrinkage. According to the 2001 National Retail Security Survey, conducted by the University of Florida, retail operations suffered an average annual shrinkage percentage of 1.75% in 2000. Although most retailers experience a shrinkage percentage of less than 2% some smaller retailers often experience monthly and annual average shrinkage percentages as high as 20%. According a study by the National Retail Security Survey 30.6% of shrinkage comes from shoplifting, 46% from employee embezzlement, 17.6% from administrative error, and 5.8% from vendor fraud.
Because of the inherent need for companies to reduce operational costs, there is an ever-present need for experienced LP professionals, particularly in the retail sector. Some colleges like Sonoma Community College in California and Eastern Kentucky even offer degree programs in security related industries such as loss prevention. Recently several associations such as the Retail Industry Leaders Association are offering new educational certification programs specifically for Loss Prevention. Among larger retailers there has been a recent trend to include worker and customer safety programs into the traditional Loss Prevention job structure.
More on [ Loss prevention ]
Security :: Fire and Security
Occupational Health and Safety
Theft :: Prevention
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jobssearchd (Eve Black) Fri, 25 Dec 2009 01:25:58 -0000
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Bed Bath & Beyond is Hiring: Regional Loss Prevention Manager (Westbury, NY) http://bit.ly/8TDgTs #Jobs #TweetMyJOBS
tmj_ny_mgmt (TMJ-NY Mgmt. Jobs) Thu, 24 Dec 2009 22:45:01 -0000
Bed Bath & Beyond is Hiring: Regional Loss Prevention Manager (Westbury, NY) http://bit.ly/8TDgTs #Jobs #TweetMyJOBS
Sears Holdings is Hiring: Sears District Loss Prevention M... (Rego Park, NY) http://bit.ly/36Myy2 #Jobs #TweetMyJOBS
tmj_ny_mgmt (TMJ-NY Mgmt. Jobs) Thu, 24 Dec 2009 22:44:36 -0000
Sears Holdings is Hiring: Sears District Loss Prevention M... (Rego Park, NY) http://bit.ly/36Myy2 #Jobs #TweetMyJOBS
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LossPrevention (Paul Jones) Thu, 24 Dec 2009 22:42:24 -0000
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Associates International Inc. - Security and loss prevention training for the retail industry.
Acartraca - Shrink solution using smart-PA encapsulating technology to deliver anti-theft subliminal broadcasts targeting potential shoplifters.
Meta Description: [ With annual $30B retail theft and retail inventory shrink problem, Acartraca offers a technology that slashes this growing risk by targeting shoplifting and employee theft. ]
Alpha High Shrink Solutions - Security devices, fixtures and packaging for media and sporting goods.
Meta Description: [ Alpha specializes in providing retailers a higher level of security protection and has the broadest range of products designed to minimize retail shrink and increase profits. S3 allows you to show, secure and sell more merchandise. ]
Aspect Loss Prevention - Developer and provider of retail loss prevention software and services. Specializing in exception-based reporting solutions.
Meta Description: [ Aspect Loss Prevention Specializes in building loss prevention software and services solutions for retailers to recover losses due to internal theft. From our premiere exception-based reporting loss prevention software solution, Elite LossPREVENTION, to our innovative services, such as loss preve... ]
Asset Protection Associates Inc. - Retail loss prevention information portal.
Bunjis - Retail theft protection devices. Includes ordering information and pricing.
Meta Description: [ The Place for Home Security Deals. Great Home Security items starting below wholesale prices, Home Audio Deals starting at under 1 dollar Deals starting at under 1 dollar, Home Audio Deals starting at under 1 dollar, Lawn & Garden, Patio & Grilling ]
Chicago Area Loss Prevention - Features store security stories, training tips, and LP links.
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Civil Recovery Services - Restitution and recovery services provider dealing specifically with employee theft and shoplifting issues.
Contact, Inc. - Loss prevention consulting and training.
Meta Description: [ A professional resource for consulting, training, awareness, and recognition. Let us help your organization reach its goals by improving the performance of your employees. ]
Eastern Kentucky University - Online and on-campus Master's degree in Loss Prevention and Safety.
Meta Description: [ EKUs Safety, Security & Emergency Management offers online and on campus MS & BS programs
in loss prevention, assets protection, security, fire, industrial safety, traffic safety,
risk management, and emergency medical services. ]
Freedom Systems - Employee theft detection and prevention, shoplifting, employee productivity, and customer service services using digital video recorders. Includes clients, products and services.
How to Stop Employee Theft - E-book by author Jack Sparagowski on loss prevention and the elimination of employee theft.
Meta Description: [ Stop employee theft now, prevent stealing and eliminate losses with the techniques learned in the book How to Stop Employee Theft Now! by Jack Sparagowski. ]
Intelliq - Retail analytics solutions including loss prevention and basket analysis.
Meta Description: [ IntelliQ is a pioneer in Retail Analytics. Our retail analytics solutions address the two biggest profit opportunities available to every retailer: Loss Prevention and Basket Analysis. ]
Lorelei Communication Group, Inc. - Offers anti-theft subliminal messages to deter shoplifting and internal losses. Includes products and FAQ.
Meta Description: [ While you're reading this, chances are there's a theft in progress...adding to your store's annual losses...and all the while, you are spending staggering sums of money to catch this thief. Our technology is specifically developed for the retail industry.
Our encoder systems will reduce employe... ]
Loss Prevention Solutions - Training, loss prevention, operational, supply chain solutions and digital surveillance.
Meta Description: [ Your Loss Prevention experts for retail stores and restaurants. ]
LP Software - Track employee theft, shoplifting, refund fraud. Manage civil recovery, restitution, court dates and dispositions.
Meta Description: [ Loss Prevention Software, Inc.: Your silent partner in retail loss prevention. ]
LP Today - Retail Loss Prevention ezine with a wide array of information from products to careers.
Meta Description: [ LPT Security Consulting of Houston, Texas provides expert witness services, security consulting, and security/loss prevention training. Litigation support is available for cases involving premises liability such as apartments and parking lots, inadequate security, negligence of security guards a... ]
LPAgent - Training and development for entry level loss prevention. Includes news, job board, and expert advice forum.
LPInformation.com - Offers message boards, career resources and industry networking.
Meta Description: [ LPInformation.com - Your Source For Loss Prevention and Security Information. ]
LPInnovations, Inc. - LP services, audits and system solutions.
LPT Security Consulting - Security consulting for retail loss prevention, risk analysis, and expert witness assistance.
Meta Description: [ LPT Security Consulting of Houston, Texas provides expert witness services, security consulting, and security/loss prevention training. Litigation support is available for cases involving premises liability such as apartments and parking lots, inadequate security, negligence of security guards a... ]
MTC EAS Partners - Manufacturer and supplier of antishoplifting products.
Optima Solutions - Loss prevention and display security products.
ORIS Group - Inventory shrinkage software and consulting. Includes client list and services.
Meta Description: [ Reduce inventory shrinkage and increase profits with our proven and cost-effective retail loss prevention solutions. ]
PCG Solutions - Provides loss prevention training and consulting solutions to retail companies.
Meta Description: [ PCG Solutions provides training and awareness solutions focused on retail loss prevention that are designed to meet the challenges of improving execution, reducing losses, and mitigating risk and liability exposures. ]
Retail Loss Prevention Exchange - Resources for investigative services, products and technology updates.
Meta Description: [ the source for information on retail loss prevention ]
Retail Security Trader - Supplier of retail security and access control products.
Meta Description: [ Great prices on Retail Security products, access control, tagging and retail equipment. Buy online. Fast delivery! ]
Retail Spy - Loss prevention discussion boards, cctv resources, fraud training and investigative resources.
Meta Description: [ Retail Spy is a free loss prevention site for retail loss prevention and security professionals. We cover cctv, fraud, investigations, cameras and more. Message boards, chat, online shopping and featured loss prevention articles. ]
Se-Kure Controls, Inc. - Providing anti-theft and anti-shoplifting security products for retailers.
Meta Description: [ The Source for Anti-Theft Security Products Retailers ]
Smart LP - Discussion forum and industry news.
Meta Description: [ SmartLP - Resources for retail loss prevention professionals. Shoplifting, Internal Theft, Shrink Reduction, CCTV ]
Stop Shrink - Anonymous reporting of employee dishonesty on the web.
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Trax Software and Consulting - Software and best practices for retail loss prevention and operations control.
Zellman Group - Support company specializing in loss prevention, customer service shopping, and employment screening.
Meta Description: [ Loss prevention, employment screening,customer service shopping:The Zellman Group provides a one-stop shop for employment screening, outsourced loss prevention services and nationwide customer service shopping. ]
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