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Here's a couple different definitions for loss prevention:

Retail loss prevention (in some retailers known as asset protection) is a form of private investigation into larceny or theft. The focus of such investigations generally includes shoplifting, package pilferage, embezzlement, credit fraud, and check fraud.

Security consulting as to strategic planning, internal layout and policy procedures and video protection.

Loss prevention is the act of reducing the amount of theft and shrinkage within a business.

Practices and procedures used to keep accidents from happening. Prevents frequency of loss. Also used to describe loss control activities.

There are a lot of different loss preventions like retail loss preventions, but those were a few.

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Q: Why is loss prevention important?
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to reduce the amount of loss in cost to Debenhams.


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