Will “Loss Prevention Officer” be Replaced By Robots? 🤔
Unknown Chance of Automation
Sadly, the research paper did not provide any information about this occupation. Maybe have a look at our directory?
Job Description
Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.
Job Details
- The SOC (Standard Occupational Classification) code is 11-9199.08
☝️ Information based on the reference occupation “Loss Prevention Managers”.
Also Known As…
- Loss Prevention Managers
- Senior Manager, Asset Protection
- Regional Loss Prevention Manager
- Market Asset Protection Manager
- Manager of Loss Prevention Operations
- Loss Prevention/Safety District Manager
- Loss Prevention Operations Manager
- Loss Prevention Manager
- Logistics Loss Prevention Manager
- District Loss Prevention Manager
- Director-Loss Prevention
- Store Loss Prevention Manager
- Loss Prevention Supervisor
- Loss Prevention Specialist
- Associate Vice President
- Area Loss Prevention Manager
Tasks for “Loss Prevention Officer”
- Collaborate with law enforcement to investigate and solve external theft or fraud cases.
- Direct installation of covert surveillance equipment, such as security cameras.
- Train loss prevention staff, retail managers, or store employees on loss control and prevention measures.
- Monitor and review paperwork procedures and systems to prevent error-related shortages.
- Visit stores to ensure compliance with company policies and procedures.
- Coordinate theft and fraud investigations involving career criminals or organized group activities.
- Hire or supervise loss-prevention staff.
- Advise retail establishments on development of loss-investigation procedures.
- Identify potential for loss and develop strategies to eliminate it.
- Administer systems and programs to reduce loss, maintain inventory control, or increase safety.
- Direct loss prevention audit programs including target store audits, maintenance audits, safety audits, or electronic article surveillance (EAS) audits.
- Investigate or interview individuals suspected of shoplifting or internal theft.
- Analyze retail data to identify current or emerging trends in theft or fraud.
- Maintain databases such as bad check logs, reports on multiple offenders, and alarm activation lists.
- Verify correct use and maintenance of physical security systems, such as closed-circuit television, merchandise tags, and burglar alarms.
- Coordinate or conduct internal investigations of problems such as employee theft and violations of corporate loss prevention policies.
- Maintain documentation of all loss prevention activity.
- Recommend improvements in loss prevention programs, staffing, scheduling, or training.
- Perform or direct inventory investigations in response to shrink results outside of acceptable ranges.
- Assess security needs across locations to ensure proper deployment of loss prevention resources, such as staff and technology.
- Perform cash audits and deposit investigations to fully account for store cash.
- Monitor compliance to operational, safety, or inventory control procedures, including physical security standards.
- Develop and maintain partnerships with federal, state, or local law enforcement agencies or members of the retail loss prevention community.
- Supervise surveillance, detection, or criminal processing related to theft and criminal cases.
- Review loss-prevention exception reports and cash discrepancies to ensure adherence to guidelines.
- Advise retail managers on compliance with applicable codes, laws, regulations, or standards.
- Provide recommendations and solutions in crisis situations such as workplace violence, protests, and demonstrations.
Related Technology & Tools
- Fire alarm monitoring systems
- Laptop computers
- Security alarm systems
- Closed circuit television CCTV monitoring systems
- Video surveillance systems
- Multiline telephone systems
- Physical access control systems
- Personal computers
- SAP
- Microsoft Excel
- Microsoft SharePoint
- IBM Lotus Notes
- Microsoft Access
- Microsoft Outlook
- Microsoft Word
- MySQL
- Microsoft Office
- Microsoft PowerPoint
- Point of sale POS software programs
- Time reporting software
- Structured query language SQL
- Personnel management software
- MICROS XBR Loss Prevention
- Work scheduling software
- Financial accounting software
- Enabl-u Technologies APIS
- Inventory tracking software
- Microsoft Project