Posts

Organized Crime and Shrinkage are on The Rise

Organized Crime and Shrinkage are on The Rise, Security Protection Is Essential to Offset Losses.

/in , , , , , /by

Frank Costa, President Nexgen Protection Services – 

The final stage of the supply chain process in retail, is getting products off trucks and into stores. Retailers face rising security threats, such as theft, shoplifting, internal fraud, vandalism, and even violence. Matters are intensified by self-checkout systems and the complexities of post-pandemic retail environments. 

Whether managing day-to-day retail operations or responding to disasters and large-scale events, retailers must be prepared for the unexpected. Nexgen Security offers scalable solutions to meet these challenges head-on, enabling businesses to enhance security, reduce losses, and maintain operational integrity.

 

SOURCE: 

Wolfe, C. WHITEPAPER: The End-of-Sale Process in the Retail Supply Chain. Loss Prevention Magazine, 10/20/2024.
#protectionservices #securitystandards #publicsaftey  #mobilesecurity #securitythreats

Businesses should partner with law enforcement officers to develop safeguards for their businesses to prevent criminal activity.

Businesses Must Partner with Law Enforcement to Develop Safeguards

/in , , , , , /by

Frank Costa, President Nexgen Protection Services – 

 

Small businesses typically don’t have the budget or resources to invest in the training, security systems, and personnel to combat theft like larger organizations.

Businesses should partner with law enforcement officers to develop safeguards for their businesses to prevent criminal activity. Helping businesses reduce and prevent crime is both a police and community effort.

Given limited resources, critically assess problem areas with solutions that will have the greatest impact on your bottom line. 

 

SOURCE: 

Fritsky, L. For Small- to Medium-Sized Business Retailers, Thwarting Theft Needn’t Come with High Effort or Costs. Loss Prevention Magazine, 08/01/2024
#protectionservices #securitystandards #publicsaftey  #mobilesecurity #securitythreats

 

loss protection strategies

Loss Prevention Strategies for Effective Collaboration

/in , , , , , /by

Frank Costa, President Nexgen Protection Services – 

 

The most effective loss protection strategies are those that engage every level and department within an organization.

The essence of this collaborative approach is to move beyond the traditional confines of asset protection. It’s about breaking down the silos and fostering a culture where asset protection is seen as a shared responsibility.

To be effective, asset protection leaders must ensure they are seen as valuable partners rather than roadblocks. This involves actively seeking ways to support other departments’ goals and finding solutions that benefit the entire organization. When others see you as a collaborator rather than an obstacle, they are more likely to include you in critical meetings, ideation sessions, and decision-making processes.

 

SOURCE: 

Shugan, D. Collaborative Approaches to Asset Protection: Engaging All Stakeholders. Loss Prevention Magazine, 08/01/2024
#protectionservices #securitystandards #publicsaftey  #mobilesecurity #securitythreats