SECURITIES AND LOSS PREVENTION IN RETAILING

In retail industry, loss is believed to be equal in profit. The loss or known as shrinkage itself can happen in many ways. System, store lay-out, procedures, rules, equipment, employees and customers can be factors in contributing to the loss or shrinkage. This module provides a comprehensive coverage of shrink and the methods of controlling shrink to better manage a retail operation. The module is suitable for any level within the organization whose are involve in the daily store activities.

OUTLINE:

• Understanding Loss Prevention
• Importance of Loss Prevention
• Meaning of Shrinkage
• Where Shrinkage Take Place?
• Controlling of Shrinkage-Front End, Back End, Shop Floor
• Shoplifting Customers
• Preventing Theft-Employees