Loss prevention is an organized effort by a business to reduce any and all losses of revenue
The most sought after loss prevention officers and managers know that effective loss prevention is much more than abiding by a set of rules and regulations introduced during the training. Well, loss prevention is a result and not an effort. However, running a business and flourishing requires one to invest in loss prevention in order …
As per a report, “Thefts and shoplifting cost Australian businesses more than three billion dollars in the financial year 2018-2019”. The numbers are skyrocketing each year due to the impunity of retail crime, and businesses continue to lose a big chunk of what they earn. The only solution to end shoplifting and other retail industry …
5 Effective Loss Prevention Strategies to Turn Loss into Profit Read More »
