Loss Prevention 

Training

Business owners and entrepreneurs share a commonality in attitude: they are in business for themselves because  they  don’t  want  to  be  told  what  to  do.  This  is  both  their cornerstone  for  success  and  their greatest  risk.  The  goal  of  these  Standards  and  Practices  is  to  provide  each  owner  with  information, processes,  and  suggestions  that  they  can  adapt  to  their  own  operations  and  employ to their own business style.

Course Design

This  course  provided  by  OEIS  will  provide  you  with  the  industry’s  “best  practices.”  These  are proven  and  effective practices and processes used by the retail industry to prevent and reduce the risk of  loss.  Each  section  provides  an  overview  that  explains  “why”  a  particular  practice  is  necessary.  In this  manner,  the  owner  can  decide  the  importance to  their  particular  work  environment  and  prioritize the  implementation  of  each  suggestion.  It  should  be  noted  that  all  of  the  practices  work  together,  so ultimately,  all   of   the   practices   should   be   implemented  to  some   degree.   

 

Start with the most important, catered to your own style, but set your goal to have a completed tool box. At the end of this course, you will need to complete a 45 questions test, and pass with a score of 85%.


In  general,  the  Standards  and  Practices  focuses  on  the  three  elements  of  loss  prevention Attitudes, Behaviors and Structure or ABS.

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What is Loss Prevention

Loss prevention is the concept of establishing [ppb] policies, procedures and business practice, to prevent the loss of inventory or monies in a retail environment. Developing a program around this concept will help you to reduce the opportunities that these losses can occur and more specifically, work to prevent the loss rather than solely be reactive to them after they occur.

Why Retailers 

When a retailer experiences a loss, they are losing direct, to the bottom line profitability. Lost inventory requires replenishment at a cost to the retailer and lost monies cannot be replaced. The cost of these losses goes direct to the bottom line of a retail balance sheet causing lost profits. Profits that could have been used for new inventory, new store openings, employee benefits or increased earnings

Why do you need Loss Prevention 

Like any other part of your business, a loss prevention function or established program helps improve your business. Having an established function that includes program elements and resources to establish, implement and monitor loss, will make your business more profitable and less susceptible to certain losses. The size of your loss prevention function, department or program depends on your business;  the number of locations, what you are selling, and the potential threats, risks and concerns facing your business.

With over 15 years of Experience - We have the skills and resources to take on any  case. 

© 2023 OEIS Security & Investigations 

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