Loss Prevention Teams Seamlessly Integrate Tech, People, & Process to Mitigate Risk
Frank Costa, President, Nexgen Protection Services, on the Need for Advanced Loss Prevention Strategies
Organizations today face increasing challenges related to loss prevention, operational efficiency, and data management. With the rise in organized crime, evolving compliance standards, and growing operational complexities, the need for a coordinated, comprehensive approach to loss prevention and risk management has never been more urgent.
Not only has the financial impact of organized retail crime surged in recent years, but safety concerns for both shoppers and employees have also intensified. In response, loss prevention teams are adopting a unified ecosystem that seamlessly integrates technology, personnel, and processes to mitigate risk and enhance security.
Source:
Skidmore, B. (November 14, 2024). WHITEPAPER: Holistic Loss Prevention: A People-Driven, Tech-Enabled Ecosystem. Loss Prevention Magazine.
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