create a loss prevention checklist for stores
Physical Security Measures
- Install deadbolts on all doors
- Use security cameras to monitor entrances and exits
- Implement key card access for employees
- Install motion-activated alarms on windows and doors
- Place security cameras at cash registers and high-value merchandise areas
- Ensure cameras have clear views of all store areas
- Schedule routine maintenance checks for locks and alarms
- Replace any faulty locks or equipment immediately
- Keep spare keys in a secure location
- Require employees to wear identification badges
- Limit access to certain areas with key cards or codes
- Escort visitors through secure areas
- Review security camera footage for any suspicious activity
- Test alarm systems regularly to ensure they are working properly
- Update security protocols based on audit findings
- Place convex mirrors at corners and blind spots
- Ensure mirrors provide clear views of hidden areas
- Regularly clean and adjust mirrors for optimal visibility
- Require employees to work in pairs when handling valuable items
- Rotate buddy pairings regularly to prevent collusion
- Train employees on buddy system procedures
- Place signs near entrances and exits
- Use bold lettering and symbols to highlight security measures
- Include warnings about surveillance and alarms
- Research security companies in the area
- Obtain quotes for security services
- Ensure security personnel are properly trained and licensed
Inventory Management
- Schedule routine inventory audits
- Compare physical inventory counts to recorded counts
- Investigate and resolve any discrepancies
- Assign unique identifiers to high-value items
- Record movement and location of high-value items
- Require special authorization for handling high-value items
- Identify high-risk items based on past incidents
- Secure high-risk items in locked cabinets or safes
- Limit access to high-risk items to authorized personnel
- Provide training on proper inventory counting techniques
- Educate employees on how to handle inventory carefully
- Train employees on how to use inventory management systems
- Attach security tags to high-theft items
- Install EAS systems at store exits
- Train employees on how to deactivate security tags
- Use barcodes or RFID tags for tracking merchandise
- Record movement of merchandise in inventory management system
- Track merchandise from receiving to sale
- Randomly select items for spot checks
- Compare physical counts to recorded counts for selected items
- Address any discrepancies immediately
- Assign responsibilities for receiving new inventory
- Document incoming inventory accurately
- Store new inventory in designated locations
- Track inventory shrinkage over time
- Analyze reasons for inventory shrinkage
- Implement strategies to reduce inventory shrinkage
Cash Handling Procedures
- Create a policy outlining who has access to cash
- Limit the number of employees who can handle cash
- Store cash in secure locations
- Count cash at the beginning and end of each shift
- Reconcile cash counts with sales records
- Document all cash counts and discrepancies
- Provide training on how to handle cash securely
- Educate employees on spotting counterfeit money
- Train employees on the importance of accuracy in cash handling
- Store excess cash in secure safes
- Utilize cash registers to track transactions
- Implement secure cash drop procedures
- Require two employees to count cash together
- Have two employees present during cash deposits or withdrawals
- Implement a system where two employees must sign off on cash transactions
- Schedule regular audits of cash handling procedures
- Review cash handling policies with employees during audits
- Document audit findings and any necessary corrections
- Set a maximum cash limit for registers
- Implement a system for transferring excess cash to secure locations
- Regularly empty cash registers and store excess cash securely
- Have employees count cash at the beginning and end of shifts
- Implement a system for documenting cash counts
- Encourage employees to report any discrepancies immediately
- Install surveillance cameras in cash handling areas
- Ensure cameras cover all cash handling activities
- Review camera footage regularly for any suspicious activity
Use in Manifestly