Will “Loss Prevention Specialist” be Replaced By Robots? 🤔

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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…

Tasks for “Loss Prevention Specialist”

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.
Perform or direct inventory investigations in response to shrink results outside of acceptable ranges.
Analyze retail data to identify current or emerging trends in theft or fraud.
Visit stores to ensure compliance with company policies and procedures.
Identify potential for loss and develop strategies to eliminate it.
Direct installation of covert surveillance equipment, such as security cameras.
Administer systems and programs to reduce loss, maintain inventory control, or increase safety.
Recommend improvements in loss prevention programs, staffing, scheduling, or training.
Hire or supervise loss-prevention staff.
Perform cash audits and deposit investigations to fully account for store cash.
Verify correct use and maintenance of physical security systems, such as closed-circuit television, merchandise tags, and burglar alarms.
Monitor compliance to operational, safety, or inventory control procedures, including physical security standards.
Direct loss prevention audit programs including target store audits, maintenance audits, safety audits, or electronic article surveillance (EAS) audits.
Maintain documentation of all loss prevention activity.
Provide recommendations and solutions in crisis situations such as workplace violence, protests, and demonstrations.
Train loss prevention staff, retail managers, or store employees on loss control and prevention measures.
Collaborate with law enforcement to investigate and solve external theft or fraud cases.
Assess security needs across locations to ensure proper deployment of loss prevention resources, such as staff and technology.
Coordinate or conduct internal investigations of problems such as employee theft and violations of corporate loss prevention policies.
Advise retail establishments on development of loss-investigation procedures.
Investigate or interview individuals suspected of shoplifting or internal theft.
Advise retail managers on compliance with applicable codes, laws, regulations, or standards.
Develop and maintain partnerships with federal, state, or local law enforcement agencies or members of the retail loss prevention community.
Coordinate theft and fraud investigations involving career criminals or organized group activities.
Maintain databases such as bad check logs, reports on multiple offenders, and alarm activation lists.
Monitor and review paperwork procedures and systems to prevent error-related shortages.

Related Technology & Tools

Closed circuit television CCTV monitoring systems
Personal computers
Video surveillance systems
Multiline telephone systems
Security alarm systems
Laptop computers
Fire alarm monitoring systems
Physical access control systems

Enabl-u Technologies APIS
Structured query language SQL
Time reporting software
Microsoft Excel
Microsoft Project
MySQL
Microsoft Word
IBM Lotus Notes
Point of sale POS software programs
Microsoft Office
Inventory tracking software
SAP
Personnel management software
Microsoft Outlook
Microsoft Access
Microsoft PowerPoint
Work scheduling software
Microsoft SharePoint
Financial accounting software
MICROS XBR Loss Prevention