The shop security policies of a company are how they go about protecting their merchandise from employee and customer theft. These policies are both wide ranging and comprehensive and focus on various aspects of different operations of the company. Many companies take measures to prevent loss from occurring in their company. This can include the monitoring of the actual store’s environment by putting in security cameras and using other means to prevent theft from occurring.
A company might also hire an outside security firm to provide a security guard who will be tasked with keeping a watch over the company’s more expensive stock. The theft prevention policies that are used in retail stores may often include the use of various security devices or tags which will then let off a signal whenever goods are being removed from the building without prior authorisation.
The cashiers of the store are usually tasked with demagnetising or removing these security tags from the stock after they scan the item. This will disable any security features on the product which will then allow the customer to take his purchased items out of the store with ease. Educating your employees will form a very important part and crucial aspect of a successful retail security policy. Business and company owners as well as their managers are tasked with training the employees on how they should look for theft or for the questionable behaviour of suspicious people and to also explain the effect
that retail theft has on the company’s bottom line.
Studies have shown that retail theft accounts for losses in the retail industry in the alone in excess of billions each year. You should train your employees to be vigilant and to be on the lookout for any suspicious behaviour in order for them to be able to protect your company from retail theft.
