Retail Loss Prevention – Profit Protection Workshop

Reduce Your Losses by Up to 68% – Attend the Retail Loss Prevention – Profit Protection Workshop!

November 17-18, 2024 – Sheraton City Center, Istanbul, TR

• Do you know just how much shrinkage is eroding your profits?
• Do you know that with the right Loss Prevention strategy up to 68% of your shrinkage can be controlled?
• Do you know that the major share of your shrinkage is caused by people on your payroll – through error, intentional damage and theft?
• Are you aware that only about 21% of your shrinkage is the result of shoplifting?
• Reducing shrinkage in retail is an on-going effort requiring commitment from all areas of the organization. It is not sufficient to train floor staff to watch out for thieves – employees or otherwise.
• Achieving excellence in Loss Prevention requires a thorough understanding of the underlying causes. Because shrinkage is caused by process & systemic failure, opportunity and the human factor, all of these must be addressed and must be synchronized to make the improvements necessary to stop profit erosion.

This program is designed to provide understanding of all causes and to provide the know-how and the tools to reduce shrinkage and, therefore, enhance your profit picture.

Benefits to the Participants are:

• Strengthen participants’ understanding of what is to be gained by making Loss Prevention a priority.
• Improve participants’ understanding of the critical elements and distinct advantages of an effective Loss Prevention strategy.
• Improve participants’ ability to develop an effective Loss Prevention program that works well within a revenue generating environment.
• Receive practical hand-outs and tools to use when implementing Loss Prevention program in their organization.
• An opportunity to network with other retailers – all of whom have a desire to reduce shrinkage – to share experiences and best practices.

What you will take away from this program:

After you’ve attended this workshop you’ll know exactly how to…

• Recognize and take necessary actions to reduce employee theft
• Identify and reduce customer and vendor related theft and fraud
• Conduct root cause analyses of your shrinkage problems
• Analyze the impact of shrinkage on your profit margin
• Design your store(s) to prevent theft
• Create attractive but secure displays of goods on the shop floor
• Develop preventative measures to help you reduce your shrinkage level
• Develop the appropriate policies and procedures for profit protection

 

Here’s what the customers say:

“Amazing presentation. Tons of valuable information. If you are in the LP business, you must attend.” J. Stubbs LP Manager

“Found the workshop to be quite an eye opener. Very informative and instructive.” B. Sturrup LP Manager

The Retail Loss Prevention – Profit Protection Workshop
Program Outline

Understanding Shrinkage

• Shoplifting, Internal Theft, Paperwork Errors

• Perishable and Non-Perishable

• Profit & Loss Statement – Substantial Impact

Setting Policies & Expectations

• Vendors – Avoiding Theft & Fraud

• Receiving Department

• Store Design and In-Store Merchandising

• Communication Between Departments

• Employee Errors

Awareness: Warning Signals

• Transaction Analysis

• Voids, Returns, No Sales

• Employee Behaviors

• Customer Behaviors

• Sweetheart Deals

• Short Changing Customers

• Bank Deposits

Profit Enhancing Hiring Practices

• Pre-hire Background Checks

• Written Honesty Test

• Interviewing for Integrity

• Employee Handbooks

Action Plan to Reduce Shrinkage

• Understanding Your Vulnerabilities

• Where to Focus

• Monitoring

• Reliability Testing

• Deterrents that Work

• Performance Evaluations

Developing Your Security Plan

• Defining Manager’s Responsibility

• Role of the Security Officer

• Role of Other Management and Employees

• Role of Head Office Departments

• Security Procedures

Retail Loss Prevention Technology

• Transaction Monitoring

• RFID

• VST Tags

• Biometric Surveillance

• Video Analysis

Who Should Attend: This workshop is suited to all management and staff, including Head Office personnel for any retail or service business.

Method of Delivery: Interactive lectures, case studies, visual tools, small group work, practical exercises and quizzes.

Duration: Two days, 9 a.m. – 4 p.m. One-hour lunch break and two 15 minute refreshment breaks.

Workshop Fees: US$1,495 per person, Group Rate: US$1,295 – Min 3 participants from the same company. Workshop fees include continental breakfast, full lunch, refreshments, all workshop materials and all take away materials. Certificate of Achievement Awarded.

The Retail Loss Prevention – Profit Protection Workshop

Register Now!

Dates & Location	Individual: Only $1,495	Group*: Only $1,295
November 17-18, 2024  Istanbul, TR Venue: Sheraton City Center

*Min 3 participants from the same company

Dates & Location	Individual: Only $1,495	Group*: Only $1,295
February 3-4, 2025  Niagara Falls, ON, CA Venue: Marriott FallsView

*Min 3 participants from the same company

Dates & Location	Individual: Only $1,495	Group*: Only $1,295
March 3-4, 2025  London, UK Venue: TBA

*Min 3 participants from the same company

Dates & Location	Individual: Only $1,495	Group*: Only $1,295
April 7-8, 2025  Toronto, ON, CA Venue: TBA

*Min 3 participants from the same company

Dates & Location	Individual: Only $1,495	Group*: Only $1,295
May 12-13, 2025  Dubai, AE Venue: TBA

*Min 3 participants from the same company

Dates & Location	Individual: Only $1,495	Group*: Only $1,295
June 23-24, 2025  Las Vegas, NV, US Venue: TBA

*Min 3 participants from the same company

Dates & Location	Individual: Only $1,495	Group*: Only $1,295
July 17-18, 2025  Miami, FL, US Venue: TBA

*Min 3 participants from the same company

If you can’t attend in person, check out the online program.

 

Contact: Josephine Hill
email: johill @ dmsretail.com

Phone: +1 (813) 556-6437 or +1 (800) 953-4501

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