Loss and Theft Prevention

Asset protection, regardless if the asset is tangible or intangible is a risk for the company. The company could be running at a loss and often the company is not aware of this loss.

Most retailers experience a shrink percentage of at least less than 2% (0.7% is the normal accepted shrinkage). Some retailers often experience monthly and annual shrinkage percentages as high as 20% and this is unacceptable.

It has been statistically proven that thefts are in the following forms:

• 46.8 % – internal theft (disloyal employees)
• 31.6 % – loss and shrinkage comes from external theft and shoplifting
• 14.4 % – from administrative error
• 3.75 % – from vendor or transport
• 2.86 % – from unknown error

Our services include:

• Business Risk Assessment and Recommendations – Loss and Theft Prevention.
• Strategic, tactical and operational plans in combating external and internal theft.
• Creating and implementing Policies and Procedures in Loss and Theft Prevention.
• Forensic analysis of your security methods in asset protection.
• Seminars, Workshops and Coaching of your staff and management in Loss and Theft Prevention.
• Audits Internally and Externally of your store outlets, warehouses and HO.

Benefits to your organisation:

• Cost saving for your organisation in asset protection.
• Cost saving in hiring extra staff.
• Continuous updating to your organisation in theft prevention, new technical and mechanical protection of assets through Insight Intelligence News Letter.