Generally, each of the four store’s managers is responsible for loss prevention activities. A discussion with the owner and the managers regarding shrink was held after the chain’s annual audit showed that both large and small items were missing from the inventory list. In fact, one of the “lost” items included a large snow blower. As a security consultant what would be some new practices that you would encourage to reduce the amount of shrink that the company is experiencing?
1. What are some common security measures found in ports/terminals throughout the world?
2. What is shrinkage? What are some ways to prevent shrinkage?
3. What is civil demand? What is civil recovery?