Loss prevention systems can look different from industry to industry. An effective loss prevention system safeguards your business and impacts long-term success.
Understanding the components of a successful loss-prevention system is the first step in establishing more effective asset protection tactics throughout your organization.
Building the Loss Prevention Pyramid
When looking at loss prevention, narrowing down the best practices to implement and where to start can be complicated. The loss prevention pyramid provides an easy-to-follow visual that showcases the three sections of protecting your merchandise, equipment, employees, and other critical assets.
The three building blocks of the loss prevention pyramid include:
The foundation of any loss prevention system is the strategic teams that make it work. This section includes senior management which develops the terms of organizational ownership. The key to success is committing to the ongoing development of your managers and executives to understand these practices and helping them perform their leadership role in making your loss prevention system work.
The second block of loss prevention focuses on your organization as a whole. Teams collaborate across departments and divisions to support the business and its customers by protecting resources through the following action steps:
- Communicating losses
- Proper data management
- Develop effective operation processes
- Prioritizing people
- Experiment and explore new tactics
Operational (or Tactical) Level
This area of the loss prevention system pyramid is the crew that works daily and directly with your customers — the front line of your business. The team members that your consumers have come to recognize can make the most immediate impact by:
- Recognizing potential obstacles
- Communicating concerns
- Implementing loss prevention strategies
- Continued training
Following the loss prevention system pyramid for your organization can empower teams at all levels to understand their role in asset protection.
Loss Prevention in Action
Loss prevention can be customized to meet the needs of any organization. Three effective practices to incorporate into an effective system include:
Depending on your industry, your products and equipment may require special warehousing. A third-party logistics (3PL) service provider can reduce the expense of additional storage space while enhancing loss prevention. Secure warehousing can also help in the efficient transportation and delivery of products.
Strategic Pool Distribution
If your business is consistently sending freight to the same regions, pool distribution can save you money and protect your shipments. Pool distribution can reduce your delivery costs and keep you informed about the status of all your shipments within our network of experienced drivers and dispatchers.
The Beitler Advantage for Your Loss Prevention System
Beitler Logistics Services has provided logistics services since 1917, with a reputation for exceeding expectations. We offer customizable services to meet your organization’s unique needs.
When you partner with Beitler, your loss prevention system benefits from the Beitler Advantage through:
- 24/7 operational support
- Competitive pricing
- Innovative solutions
- Single point of contact
- Services available across the U.S and Canada
Are you ready to enhance your loss prevention system with Beitler? Submit a contact form today.