Loss prevention is a set of policies and procedures designed to minimize theft, fraud, vandalism and waste. Methodology: This checklist was compiled from publicly available sources and moderated using industry research and our experience with the retail and parking industries. Notes to Compliantia users: Checklists can easily be imported into your Compliantia account using the … Continue reading Loss Prevention Checklist for Parking Operators
Category: loss prevention
Focusing on operational standards, safety, and customer experience isn't just for retailers. Too often parking operators neglect reviewing standards and best practices until there is a problem (e.g. broken gate, slip and fall, theft). By 2019, revenues from parking management are expected to increase to just over $9 billion! Building owners and managers can lose … Continue reading 3 Types of Audits Parking Lot Operators Should Conduct
Conducting store audits should be on the to-do list of every retailer, and for good reason — retail audits help you uphold company standards, improve operations, and promote a safe in-store experience. But what exactly are the types of audits you should conduct and how often should you do them? More importantly, how can you … Continue reading 3 Types of Audits Every Retailer Should Conduct
The holidays are just a few short weeks away and we know that you and your staff are working hard on sales, promotions, and other seasonal programs. Before rolling out your initiatives, ask yourself: are you working just as hard to minimize loss in your business? While the holidays bring in more customers and sales, … Continue reading 4 Loss Prevention Tips to Help You Keep All Your Holiday Profits
Loss prevention is a set of policies and procedures designed to minimize theft, fraud, vandalism and waste. With "shrinkage" amounting to 1.7% of gross sales for the average North-American retailer, the financial stakes are high. Below, a list of criteria for visiting/auditing stores in the context of loss prevention. Methodology: This checklist was compiled from publicly available sources … Continue reading Loss Prevention Checklist
