Loss Prevention – Basics

A woman stealing a lip gloss at a store.

As an associate at a food retailer, you and your fellow associates are critical to the success of the company and are the first line of defense against theft, damages, errors, and other issues that create losses for the company…and these losses can directly affect you!

Loss Prevention is not about “catching the bad guys” or playing cops and robbers. Instead, it is about working as consciously as possible, following established processes, providing outstanding customer service and adhering to safety rules/regulations so that you and your fellow associates do not
get hurt or injured on the job.

This module will educate you on some measures and tools that limit, reduce or completely eliminate losses and keep you safe. The goal of loss prevention is to increase profits by decreasing losses due to breakage, spoilage, not following process,
inventory errors and even theft.

 

This course has the following objectives:

  • Recall the definition of Shrink / Losses.
  • Identify the impact of losses in your store.
  • Explain how each associate is critical to preventing losses.
  • Describe the importance of associate integrity.

Course Duration: 12m

Loss Prevention – Basics

A woman stealing a lip gloss at a store.

As an associate at a food retailer, you and your fellow associates are critical to the success of the company and are the first line of defense against theft, damages, errors, and other issues that create losses for the company…and these losses can directly affect you!

Loss Prevention is not about “catching the bad guys” or playing cops and robbers. Instead, it is about working as consciously as possible, following established processes, providing outstanding customer service and adhering to safety rules/regulations so that you and your fellow associates do not
get hurt or injured on the job.

This module will educate you on some measures and tools that limit, reduce or completely eliminate losses and keep you safe. The goal of loss prevention is to increase profits by decreasing losses due to breakage, spoilage, not following process,
inventory errors and even theft.

 

This course has the following objectives:

  • Recall the definition of Shrink / Losses.
  • Identify the impact of losses in your store.
  • Explain how each associate is critical to preventing losses.
  • Describe the importance of associate integrity.

Course Duration: 12m