Your business can incur losses through various means including employee theft, shoplifting, robbery and fraud among others. These losses can greatly impact your bottom line if allowed to go unchecked. For this reason, you should come up with measures to help deal with some of these causes.
Top Loss Prevention Tips
1. Look for vulnerabilities
Criminals usually exploit vulnerabilities within your business to steal. Some of these vulnerabilities may include security loopholes within your facility or laxity in your business operations. Whichever case, you should look at your business from a criminal's point of view. Search for any weak points that would allow someone to steal from your inventory. By doing so, you will be able to identify the ways that a shoplifter or rogue employee would steal from you.
2. Focus your resources appropriately
Criminals are usually after the most valuable assets or merchandise stored within your facility. As such, it is crucial to ensure that any such valuables are secure. When coming up with security strategies, you should concentrate resources on protecting high value assets such as money and jewelry that are likely to be targeted by shoplifters and thieves. You could isolate such items in a fortified area within the facility, which would then be under constant guard.
3. Deploy a business security system
Business surveillance and access control systems are essential tools in preventing pilferage. An access control system enables you to control the movement of people in and out of sensitive areas within the business premises to ensure that only authorized personnel have access to certain assets. The system can also be used to track the movement of people within sensitive areas such as storage rooms and vaults where inventory and other valuables are stored. Security cameras on the other hand, enable you to monitor all the activities within the facility. As such, you can deter criminals from trying to steal your merchandise, since they know that they are being watched. Surveillance cameras are not only ideal for detecting shoplifting, but also fraud and employee theft.
If you are searching for best loss prevention tips for your business, contact I-Tech Security today!