Stock Loss Prevention
One branch manager reported a 24% reduction in stock losses in the first month after this training — roughly R8,000 saved per month.
About the course
This 1-day workshop covers shrinkage, employee theft, and shoplifting in detail, then works through practical control systems like fitting-room disc control sheets and stock-take double-check sheets. The result: management and floor staff alike equipped to spot and close loss points before they add up.
What it covers
Introduction
An explanation of what stock loss prevention is and why it plays such an important role in our economy
What is Shrinkage
How and why, when and where of Shrinkage and how this translates to the individuals own pocket.
Employee Theft
How this happens, how it can be prevented - an in depth analysis
Shoplifting
This is a detailed module defining the categories, identifying how this happens, how to spot when it is taking place and what action to take
Measures to Reduce Shrinkage
Designing and implementing an effective action plan
Examples of Loss Control Systems
Fitting Room Disc Control Sheet
Control sheets are adaptable and can be used in any industry
Stock Take Double Check Sheet
Using systems and procedures in the most practical way, ensuring double checks and controls
Voided and Suspended Transactions Authorisations and Credits
Making sure that errors are true errors and well monitored as well as used as a measurement tool
“Hi, I just wanted to thank you as we have reduced our stock losses by 24% in the first month after attending your workshop!”
How we run it
"It's choice - not chance - that determines your destiny." ~ Jean Nidetch
The easiest way to describe the importance of the Stock Loss Prevention workshop is in the words of a delegate who has for 3 years been heading up a branch of a hardware store.
"Hi, I just wanted to thank you as we have reduced our stock losses by 24% in the first month after attending your workshop - a saving of approximately R8000 per month for us - and we have been able to identify at least 3 more areas that need work."
From management through to warehouse staff and tellers, all should be involved in the control of stock loss.
Run it for your team
We can adapt Stock Loss Prevention to your industry and your people’s real situations, and run it at your premises, at our venue or as a virtual workshop. We agree the outline with you before you order, and the rate per delegate drops as the group grows.