Bartenders and wait staff who have access to your liquor inventory are often tempted to commit employee theft. Some employees may not even realize that what they are doing is considered theft. There is the obvious stealing bottles, and probably giving out free drinks, but what about over pouring their shots of liquor? Do your employees know that an over pour is still considered theft?
One of the easiest ways to make sure your employees are all on the same page is to train them upfront as to what your policies and expectations are. This can be either an in house loss prevention training, or through off site loss prevention seminars. When your employees have a clear set of expectations, definitions and consequences, they are less likely to take the risk of stealing from you
During the loss prevention training, you and your employees will become more aware of different ways that employees have been caught stealing. Examples are used to show what has been tried (and failed) in the past, and also things that you look for as red flags. This is a prefect time to explain what the consequences will be for any employee caught reducing the company’s profits, assets or inventory- intentionally or otherwise.
Some offenses may only require additional training, while others will constitute termination of employment and prosecution. Using loss prevention seminars to help employees understand exactly where their boundaries are, they are significantly more likely to stay within those lines.
For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia
Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.
Bartenders and wait staff who have access to your liquor inventory are often tempted to commit employee theft. Some employees may not even realize that what they are doing is considered theft. There is the obvious stealing bottles, and probably giving out free drinks, but what about over pouring their shots of liquor? Do your employees know that an over pour is still considered theft?
One of the easiest ways to make sure your employees are all on the same page is to train them upfront as to what your policies and expectations are. This can be either an in house loss prevention training, or through off site loss prevention seminars. When your employees have a clear set of expectations, definitions and consequences, they are less likely to take the risk of stealing from you.
During the loss prevention training, you and your employees will become more aware of different ways that employees have been caught stealing. Examples are used to show what has been tried (and failed) in the past, and also things that you look for as red flags. This is a prefect time to explain what the consequences will be for any employee caught reducing the company’s profits, assets or inventory- intentionally or otherwise.
Some offenses may only require additional training, while others will constitute termination of employment and prosecution. Using loss prevention seminars to help employees understand exactly where their boundaries are, they are significantly more likely to stay within those lines.
For more information on Loss Prevention Seminars, Loss Prevention Training, or Loss Prevention Workshop contact us or call 1.770.426.0547 – Atlanta Georgia
Visit the Loss Prevention Systems website for more information on Retail Employee Theft and Retail Shoplifting problems and view the Retail Loss Prevention Seminars, Retail Loss Prevention Training and Retail Loss Prevention Workshop we offer to help with your Employee Theft and Shoplifting problems.
When small business owners face massive losses of liquor at the hands of criminal theft rings, waiting for law enforcement to carry out and complete their investigation could potentially bankrupt the business. Even though gaining the partnership of local law enforcement will put a more permanent stop to the theft, bottle locks and liquor bottle security will help maintain the store’s profitability until the ring’s mastermind can be stopped.
Dissolving a crime ring is actually a fairly simple process. What hurts the small business is the amount of time it takes to come to fruition.
A task force sets up surveillance in a shop. They wait for the thieves to steal the liquor bottles, and then they are followed. The hope is that the shoplifters lead them directly to the buyers.
It will take several thefts and buys to establish a pattern. In the mean time, the business is out all of the liquor being stolen. In some cases, that liquor is held as evidence until the trial is completed. That could be several months, or even a few years before the business actually gets any of it’s product back.
By using bottle locks and liquor bottle security methods, you start to reduce the ease a shoplifter can get your merchandise out of the store. They will start to bypass your store as a target and go somewhere else that has lesser liquor bottle security.
Visit the Loss Prevention Store to purchase EASy Bottle bottle locks by Alpha Security and your Electronic Article Surveillance or EAS system.
For more information on Alpha Security, Bottle Lock, Bottle locks, Bottle Security, EASy Bottle or Liquor Bottle Security and how they can work with your Electronic Article Surveillance or EAS system contact us or call 1.770.426.0547
When small business owners face massive losses of liquor at the hands of criminal theft rings, waiting for law enforcement to carry out and complete their investigation could potentially bankrupt the business. Even though gaining the partnership of local law enforcement will put a more permanent stop to the theft, bottle locks and liquor bottle security will help maintain the store’s profitability until the ring’s mastermind can be stopped.
Dissolving a crime ring is actually a fairly simple process. What hurts the small business is the amount of time it takes to come to fruition.
A task force sets up surveillance in a shop. They wait for the thieves to steal the liquor bottles, and then they are followed. The hope is that the shoplifters lead them directly to the buyers.
It will take several thefts and buys to establish a pattern. In the mean time, the business is out all of the liquor being stolen. In some cases, that liquor is held as evidence until the trial is completed. That could be several months, or even a few years before the business actually gets any of it’s product back.
By using bottle locks and liquor bottle security methods, you start to reduce the ease a shoplifter can get your merchandise out of the store. They will start to bypass your store as a target and go somewhere else that has lesser liquor bottle security.
Visit the Loss Prevention Store to purchase EASy Bottle bottle locks by Alpha Security and your Electronic Article Surveillance or EAS system.
For more information on Alpha Security, Bottle Lock, Bottle locks, Bottle Security, EASy Bottle or Liquor Bottle Security and how they can work with your Electronic Article Surveillance or EAS system contact us or call 1.770.426.0547
In the news just the other day, a merchandising executive for a popular clothing store was sentenced for taking onwards of 25 million dollars in kickbacks from a vendor. Let that sink in for a second. 25 MILLION dollars. That’s a lot of money, even if it was taken over a period of several years. The losses were so hard to track that an employee theft investigation was never thoroughly conducted until after the vendor was indicted for several other legal trade violations.
As story goes, this particular merchandising executive entered into a deal with a particular manufacturer. With the agreement to buy a particular amount of merchandise exclusively from this manufacturer, the executive would receive 50% of the profits.
The executive’s company lost out on possible profits that could have been generated by using other manufacturers that had better pricing, or better quality of products offered.
While it is very unlikely that the majority of small businesses would be put in a position to have 25 Million in kickbacks, that doesn’t mean a trusted employee might have their own kickbacks and under the table partnerships with vendors.
One of the common internal theft schemes found is one between an employee and a vendor where product might be bought back due to damages, expiration dates, etc. The vendors might make a deal with your employee that if they do not send product back for credit to the store, the vendor will split a portion of their commission with the employee.
The employee ends up making some extra cash on the side, and the business is left with merchandise and profit losses.
For more information on employee theft, employee theft investigation or internal theft contact us or call 1.770.426.0547 – Atlanta Georgia
Visit the Loss Prevention Store to purchase CCTV Systems that can help you stop Employee Theft and Internal Theft problems and help with your Employee Theft Investigation.
In the news just the other day, a merchandising executive for a popular clothing store was sentenced for taking onwards of 25 million dollars in kickbacks from a vendor. Let that sink in for a second. 25 MILLION dollars. That’s a lot of money, even if it was taken over a period of several years. The losses were so hard to track that an employee theft investigation was never thoroughly conducted until after the vendor was indicted for several other illegal trade violations.
As the story goes, this particular merchandising executive entered into a deal with a particular manufacturer. With the agreement to buy a particular amount of merchandise exclusively from this manufacturer, the executive would receive 50% of the profits.
The executive’s company lost out on possible profits that could have been generated by using other manufacturers that had better pricing, or better quality of products offered.
While it is very unlikely that the majority of small businesses would be put in a position to have 25 Million in kickbacks, that doesn’t mean a trusted employee might have their own kickbacks and under the table partnerships with vendors.
One of the common internal theft schemes found is one between an employee and a vendor where product might be bought back due to damages, expiration dates, etc. The vendors might make a deal with your employee that if they do not send product back for credit to the store, the vendor will split a portion of their commission with the employee.
The employee ends up making some extra cash on the side, and the business is left with merchandise and profit losses.
For more information on employee theft, employee theft investigation or internal theft contact us or call 1.770.426.0547 – Atlanta Georgia
Visit the Loss Prevention Store to purchase CCTV Systems that can help you stop Employee Theft and Internal Theft problems and help with your Employee Theft Investigation.
