Loss Prevention

It is estimated that retail crime costs New Zealand about $580 million annually that is a staggering $1.59 million a day.

40.5% of retail shrinkage can be attributed to theft by employees.
62% of retailers do not provide staff training or training material on store security.
Yet an estimated 66% of retailers rely on sales staff rather than specialist security staff to prevent 'In Store' theft!

In very simple terms, one of the best ways to increase your Retail Profit is through having a simple yet comprehensive Loss Prevention Programme in place.

Reducing Shrinkage

Stock management
Cash handling
Opening & Closing procedures
Staff purchases
Banking procedures
Discount policy
Credit policy
Pricing policy
Deliveries

...these are just some of the areas where shrinkage can occur within your business.

It is very important to have clear Operational Policies and Procedures in place within your business, and to ensure your staff has been thoroughly trained in all of these areas.

Kevin Dooley from Dooley Associates Ltd Investigative Services is a Retail Loss Prevention specialist with over 20 years experience. He has held 3 National Loss Prevention Roles with major retailers and is uniquely positioned to complement the services of Retail Advantage.

The significant cost of loss to Retailers through shrinkage remains a growing concern that no business can afford.

We can help you become a security conscious retailer; call us today on (09) 299 7706 or 021 670989, or email us for a consultation.