Loss Prevention Procedures Prevent Liquor Wine Store Theft

Loss Prevention Procedures are the Glue that Prevents Retail Theft Employee theft is always the most likely suspect in large inventory loss Shoplifting loss is the most controllable expense but it needs a plan Loss prevention procedures reduce employee theft and shoplifting Loss Prevention Procedures with Reduce Employee Theft and Shoplifting Losses Interview by Mike Bederka with Small Business Smarts Podcast Time Stamps: [02:30] -- Retail security consultant can help design loss prevention procedures [03:15] -- Interview begins with Mike Bederka at Small Business Smarts [03:30] -- Employee theft and shoplifting account for most inventory loss [04:30] -- Existing staff not always suitable following a large inventory loss [05:20] -- Many owners feel they cannot control chronic shoplifting [06:30] -- 99% of customers act similarly while shopping; Shoplifters do not [07:20] -- How can retail stores eliminate shoplifting blind-spots [08:58] -- Excellent customer service is the best solution to thwart shoplifters [10:00] -- Watch for areas frequently used by shoplifters for product staging [11:05] -- Genuinely greet every customer by looking them in the eye [11:35] -- Keep all merchandise "faced" on the shelves to spot missing bottles [12:35] -- Some liquor store serial shoplifters always steal the same items [15:15] -- Best run stores train and enforce detailed loss prevention procedures [16:05] -- Employee thieves like to blame bad inventory loss on shoplifters Podcast about preventing employee theft and shoplifting lossTweet This Loss Prevention Procedures Cut Inventory Loss Liquor, wine, spirits, and beer superstores as large as 25,000 square feet People under 21 years are sometimes excluded from browsing in a store High retail prices make bottles of liquor, wine, and spirits a theft target Loss Prevention Procedures are your tools to reduce inventory shrinkage Procedures need to be clearly defined, well-articulated, and enforced High standards in hiring, training, and closely supervising employees are required Holding employees accountable for accurately following procedures is key Loss prevention procedures provide the audit trail needed to track performance Inventory control requires consistent execution of loss prevention procedures Shoplifting occurs in a store you own, control, and set the rules of engagement Shoplifting occurs when liquor store staff are passive and inattentive Well-organized liquor wine spirits specialty store displays help spot bottle loss Technology is the back up not a replacement for good loss prevention procedures Related Loss Prevention Procedures Articles & Podcasts Convenience Store Security and Loss Prevention Briefing 10 Things Loss Prevention Agents want Shoplifters to Know 10 Things Shoplifters Don’t Want You to Know Shoplifting Advice: Retail theft of merchandise Learn More about Premises Liability Litigation Download the 115-page eBook written by Security Expert Chris E. McGoey Security Expert’s Guide to Premises Liability Litigation Evaluating Crime Foreseeability and Inadequate Security Cases Chris McGoey has authored a tremendous practical guide about premises liability litigation for attorneys, security consultants, risk managers, landlords, law enforcement, and business operators. “You won’t find a better book on this subject!” If you’re a trial lawyer, you simply “Must Read This Book” 115 pages 8.5 X 11′′ — Instant Download (PDF) – Revised 2023. Copyright © 2009 – 2023 Aegis Books, Inc. Click the Buy Now button. Pay via PayPal or Credit-Debit Cards Instant Download $25 – Online Orders are Secure via PayPal Server Unconditional Money-Back Guarantee Biography of Chris E. McGoey Testimonials from a few clients Speaking Engagements Media Interviews Premises Liability Litigation Book