PRODUCT LINE
Loss Prevention is the concept of establishing policies and procedures to prevent the loss of inventory. Developing a loss prevention scratch off program will help you reduce the opportunities these losses can occur and more importantly, to prevent the loss in the first place. When a retailer experiences a loss, they lose direct bottom line profitability. Lost inventory requires replenishment at a cost, which goes direct to the bottom line of a balance sheet causing lost profits. Profits that could have been used for new inventory, store openings, employee benefits, increased earnings, and an improved EBIDTA.