What does a loss prevention managers job include?
A loss prevention manager’s role is much broader than one may first think. In the past, it has often been seen as a store detective position but has now become a hugely important role of the operational team which has broad reaching controls over the entire “risk management” of any organisation. Essentially the main responsibility for a loss prevention manager is to reduce loss throughout a store or group which often includes distribution centres. The role should identify issues through analysis of results and investigations, and works with line/operations/stores management to implement initiatives to reduce loss. The loss prevention manager may conduct security audits to measure compliance. They contribute to the development and improvement of systems and procedural safeguards in liaison with operations, finance and internal audit for the prevention and detection of theft. For retail companies, the large superstores such as food, DIY and department stores will tend to employ loss prev