Don't Throw Loss Prevention Under The Bus

June 2012 Integrated Solutions For Retailers

By King Rogers, president, KRG Analytics, Inc.

Learn why loss prevention goes far beyond reducing theft and preventing fraud.

In business today there is sometimes a “shoot the messenger” mentality shown by some members of senior management when the head of loss prevention surfaces bad news. But, it is the responsibility of loss prevention to detect theft, fraud, illegal activity, or other damaging conduct; report it; investigate it appropriately; and help guide the outcome satisfactorily for the good of the company.