A few years ago I conducted a large internal theft investigation that ended up involving eight employees and had resulted in a loss of over $8000.
When a business experiences a case as complex as one like that, it can be time consuming and may require the expertise of a loss prevention investigator .
I was able to dedicate the time needed to thoroughly investigate this case, but many smaller businesses may not have the time or the loss prevention knowledge necessary to tackle this type of large theft investigation.
And often, when it comes to employee theft cases, they can be much bigger. Employee theft is the cause of more shrinkage than shoplifters because the dollar amount per instance is usually much higher.
A loss prevention investigator can come into your business and conduct the necessary research to identify the cause of the loss, develop a case, and refer it to the necessary authorities. By employing an expert, successful prosecution can be sought and recovery of the loss, in the form of restitution, can occur.
To prevent the types of theft I mentioned above from occurring in the first place, loss prevention consultants can analyze a business and its security measures and help the business establish a loss prevention program.
Often loss prevention consultants can see problems in security and loss prevention measures that the business owner or managers overlook. By utilizing theft prevention measures, the opportunity for employee theft, as well as shoplifting, can be reduced. The opportunity is what you want to reduce or eliminate.
While it is good to prevent shrink, we also have to be able to react appropriately when shrinkage does occur. Loss prevention consultants as well as a loss prevention investigator are trained experts in the field of shrinkage prevention or shrinkage reaction.
For more information about loss prevention investigator or loss prevention consultants contact us or call 1.770.426.256.
