Today, forward-thinking security providers are taking a loss prevention approach to provide complete security solutions. Complete security solutions will address current and future threats to your business and provide security and loss prevention services accordingly.
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The theft alarm itself rarely gets in the way, protects or accomplishes anything. The author has witnessed many thefts where the thief actually broke a window with an alarm sign on it! Talk about a deterrent – it's useless! Many thieves notice the slow response of police to burglar alarms in most major cities. They know the alarm goes off if the police take twenty minutes to arrive or don't bother to respond at all.
Comprehensive security solutions and a loss prevention plan state that the bars delay theft until the police arrive. This is to ensure that there are no false positives that make the police fall asleep so they don't react. However, taking a loss prevention approach also means helping the business owner or manager overcome any losses.
We know that more losses are caused by employees than thieves. Did you know that 87% of the losses come from employees while only 5% of the depreciation is due to shoplifting? Plus, 46% of employee thefts happen right on your paycheck!
Does that mean you can't do it without an alarm, of course? However, consider the impact of just one item on your retail inventory. Suppose an employee uses a new hot DVD player. Now it is up to you, the owner, to replace this item so now you have to pay double that – the original and the replacement.