Adding digital surveillance devices to its fleet of services gives Executive LP Services the opportunity to create leading edge loss prevention solutions for small businesses, that do not have the time or budget for an in house loss prevention department. Retailers lose over $37.4 billion in inventory shrinkage each year due to this fact.
This company offers prevention and security services and concentrates on providing the appropriate amount of consulting, training, hardware implementation and case investigation to best meet its clients' requirements. Executive LP Services has over 20 years of experience in the loss prevention and security industry.
With the surveillance equipment small business owner ahve opportunity to take control of their assets, by deterring various crimes from occurring. If deterrence fails, then the CCTV equipment is utilized to document the incident and offers video evidence to the appropriate law enforcement agency. In addition, the video equipment also increases employee productivity and discourages improper behavior. It reduces liability and in the same time it is a solid defense against potential litigations. Technology today also allows for remote observation so the business owner can monitor their store, office and properly via the Internet from the comfort of their home.
Jeff Stein is the president of Executive LP Services, LLC, the founder and owner of Executive LP Services. He is also a founding partner of LP-Securityjobs.com, a Internet job board for loss prevention and security professionals of all levels and a loss prevention adviser for Infoglide Software Corporation. Jeff spent nineteen years in the retail industry working in loss prevention. In this time, Jeff worked in capacities ranging from store detective to director of loss prevention, safety and security for several Fortune 500 retailers in the big box and specialty arenas. Jeff is an experienced speaker and lecturer who is in great demand as a subject matter expert on loss prevention and speaks regularly to trade associations, businesses, and schools, and he also has had articles published in LP and retail trade magazines.
The National Retail Security Survey reported that retailers lost: * $17.8 Billion Employee Theft
* $12.2 Billion Shoplifting
* $ 5.5 Billion Administrative Error
* $ 1.9 Billion Vendor Fraud
In addition, the Annual Retail Theft Survey conducted by Jack L. Hayes International, in 2005 states: One in every 26.5 employees was apprehended for theft from their employer. (Based on over 1.8 million employees.).
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