LP Innovations Loss Prevention Solutions
LP Innovations Loss Prevention
Loss Prevention Consulting
Expert Analysis. Dynamic Results.
LP Innovations Loss Prevention Consulting services are designed to pinpoint loss prevention program strengths and weaknesses, cure or reduce operational deficiencies and maximize existing resources. Through our years of experience and expertise, and our proven track record of reducing inventory shrinkage, losses and related issues, we provide consulting services in a variety of areas, including:
Working together, we will provide a complete, in-depth analysis that will allow your company to focus on those issues that are damaging to your bottom line. In addition, LP Innovations can step beyond recommendations and provide your company with various services to complete the job from start to finish.
360 Degree Programs
LP Innovations 360° Loss Prevention Programs combine the best of LP Innovations — innovative loss prevention services, nationwide field support, state-of-the-art technology, and deep retail industry expertise — to present a best-of-breed loss prevention solution specifically tailored to reduce shrink and protect your profits.
Expert Loss Prevention Strategies From A Single Source
Fully-integrated programs tailor Control & Compliance Audits, Investigative Consulting, Employee Training & Awareness, Civil Demand & Restitution Recovery, etc., to fit your corporate culture and operational needs. Benefits include:
- Shrink and operational costs are reduced through LP programs, adding millions to bottom-line profitability
- Nationwide presence of LP experts promotes heightened awareness and greater store exposure
- Customized and flexible programs that fit your operational and budgetary needs enable immediate, direct impact on shrink and profitability
- Leveraging an outsourced solution shifts the loss prevention program from a reactive to a proactive state, allowing for greater shrink control and planning in new loss prevention initiatives
Product Sheet: Loss Prevention
Compliance & Control Audits
Maintaining an operationally-sound business demands consistent, accurate and thorough review of policies and procedures. LP Innovations develops and executes Control & Compliance Audits customized to your specific business needs.
With extensive experience in all retail industry segments, our Control & Compliance Audits improve operational environments at the store level, resulting in reduced shrink and increased profitability. Control & Compliance Audits cover such areas as:
- Guest Service
- Cash Control
- Media Control
- Stockroom Controls
- Sales Floor Controls
- Physical Safety and Security
- Human Resources and Awareness
- Team Communications
- Loss Prevention
- And more!
Product Sheet: Loss Prevention
Exception Based Reporting
Dedicated Resources for the Analysis You Need
As a leader in the management and analysis of exception-based reporting (EBR) systems, LP Innovations provides proven solutions to reduce inventory losses and shrink rates and protect profits.
Our specially-trained EBR analysts perform continual reviews of Point-of-Sale (POS) transaction data, and identify information pertaining to potential employee theft, shopper fraud, training deficiencies and systemic issues. Weekly case logs are provided, along with recommended courses of action to rectify the issues identified.
LP Innovations can assist your company in the review, development and management of your exception reporting system. We provide the knowledge to choose the right system, develop the proper management structure and get your department resolving issues that will provide an ROI for your exception reporting system.
A strategic alliance with Retail Anywhere also provides a cost-effective, loss prevention reporting application for retailers with limited resources.
Product Sheet: Exception-Based Reporting
Training & Awareness
Everyone Is Responsible For Loss Prevention
Effective loss prevention programs start with well-trained employees. LP Innovations designs comprehensive training curriculum and loss prevention awareness materials that target your stores, field representatives and management associates.
From acrylic awareness centers, posters, monthly newsletters or specialty items, your program is designed to fit within your company culture and loss prevention program goals. LP Innovations provides customized materials such as:
- New Hire Brochures
- Wallet Cards
- Loss Prevention/Safety Topic Quizzes
- Business Abuse Line Signage
- Recognition Certificates
- And More!
Product Sheet: Loss Prevention
Location Risk Assessments
As an alliance partner of CAP Index, LP Innovations offers CRIMECAST® Risk Assessment Reports and Maps, which provide precise scores indicating a site's risk of crime in comparison to national, state and country averages. Updated annually, these independently-determined scores and reports provide the invaluable objective information required for site risk assessments.
Calculating statistics such as shortage, general liability, workers compensation, fraud, lawsuits and crimes against persons and property, CAP scores are the most accurate and objective form of site risk assessment available today, helping to provide information on:
- Shortage/Shrinkage Reduction and Prediction
- Site Selection
- Ranking and Comparing Location
- Fraud Reduction and Prediction
- Human Resources
- Credit Card Fraud Protection