Understanding Loss Prevention
Loss prevention is about protecting the operation from anything that can create a negative impact or risk. This includes cash, credit cards, equipment, and the safety of team members. Loss does not always come from obvious theft, rather it can come from missed steps, inconsistent practices, or a lack of established controls.
Click the "+ READ MORE" button to learn about what loss prevention is and why it matters.
WHY DOES LOSS PREVENTION MATTER?
WHAT IS LOSS PREVENTION?
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LOSS PREVENTION MATTERS BECAUSE IT...
Having specific controls in place makes it easier to identify and correct issues quickly. It also creates a clear record of activity that can be referenced during investigations.
Helps prevent fraud, tampering, and unauthorized activity including fraudulent payment devices.
IMPROVES ACCOUNTABILITY
SUPPORTS SECURE OPERATIONS
Ensures all payments, cash or credit, are collected and reported correctly.
PROTECTS REVENUE
Reduces risks to team members by ensuring only authorized individuals have access to sensitive areas such as the office or cashier booth.
PROTECTS TEAM MEMBERS
WHAT IS LOSS PREVENTION?
Loss prevention means keeping operations controlled, secure, and accurate so that revenue, equipment, and activity are fully accounted for. This includes recording transactions correctly, using equipment as intended, limiting access to authorized team members, and following consistent procedures. It also involves identifying unusual activity, preventing theft, and recognizing when something does not match or align with normal operations.
Understanding Loss Prevention
ACE Training
Created on April 13, 2026
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Transcript
Understanding Loss Prevention
Loss prevention is about protecting the operation from anything that can create a negative impact or risk. This includes cash, credit cards, equipment, and the safety of team members. Loss does not always come from obvious theft, rather it can come from missed steps, inconsistent practices, or a lack of established controls.
Click the "+ READ MORE" button to learn about what loss prevention is and why it matters.
WHY DOES LOSS PREVENTION MATTER?
WHAT IS LOSS PREVENTION?
Read more
Read more
LOSS PREVENTION MATTERS BECAUSE IT...
Having specific controls in place makes it easier to identify and correct issues quickly. It also creates a clear record of activity that can be referenced during investigations.
Helps prevent fraud, tampering, and unauthorized activity including fraudulent payment devices.
IMPROVES ACCOUNTABILITY
SUPPORTS SECURE OPERATIONS
Ensures all payments, cash or credit, are collected and reported correctly.
PROTECTS REVENUE
Reduces risks to team members by ensuring only authorized individuals have access to sensitive areas such as the office or cashier booth.
PROTECTS TEAM MEMBERS
WHAT IS LOSS PREVENTION?
Loss prevention means keeping operations controlled, secure, and accurate so that revenue, equipment, and activity are fully accounted for. This includes recording transactions correctly, using equipment as intended, limiting access to authorized team members, and following consistent procedures. It also involves identifying unusual activity, preventing theft, and recognizing when something does not match or align with normal operations.