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LOSS PREVENTION

COURSE IN LOSS PREVENTION

The role of a Loss Prevention Officer primarily is to analyse stock shrinkage and business expenses within the retail industry.

As Loss Prevention Officer your objective will be to maximise profit of a business by reducing the amount of all losses.

Duties of a Loss Prevention Officer:

  • Investigating shoplifting, embezzlement, credit fraud and check fraud

  • Assisting Police in investigating allegations of stealing

  • Walking the floor & detecting shoplifting and to subsequently apprehend

  • Analysing stock shrinkage & business expenses within a store

  • Introduction to security control procedures & monitoring systems etc


COURSE CONTENT

  • Retail Security
  • Fundamentals of retail loss
  • Management responsibilities
  • Five basic preventative strategies
  • Prosecution of offenders
  • Risk management
  • Pro-active and reactive controls
  • Corporate justice system
  • Court appearance
  • Role Plays
  • Section 461 of the Crimes Act
  • Human & administrative errors
  • Principles of the fraud triangle
  • Criminal justice system
  • Internal control plan
  • Basic control measures
  • Powers of search
  • Arrest scenarios
  • Section 458 of the Crimes Act

I.S.T.A graduates have worked for the following:

  • K-Mart
  • Coles Myer
  • David Jones
  • Warehouses

 

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