According to NASP or the National Association for Shoplifting Prevention, a shoplifter steals about $13 billion in any merchandise per annum or higher than $35 million every day. Adult shoplifters say that it is difficult for them to stop doing shoplifting even if they’re caught. Most habitual shoplifters get a weekly average of 1.6 times. With this, one of the most challenging careers in merchandise is a loss prevention manager.
A loss prevention manager is a person responsible in protecting the merchandise, product, goods and services of his employer. They play an important role in both the success and safety of retail stores. The primary job of loss prevention managers is preventing the loss of products due to unexpected circumstances like shoplifting.
Loss prevention managers usually work in retail merchandise. They typically spend their days of work in studying various security monitors in an office. A loss prevention manager works in different settings such as shopping malls, department stores, jewelry shop and grocery stores.
In order to become a loss prevention manager, a bachelor’s degree in business management or any other related field is important. They should also have a good background on law and with good communication skills. However, some employers may only prefer a GED or high school diploma.
According to salary.com, loss prevention managers have a median wage of about $37,406 per annum. According to U.S, Bureau of Statistics, a loss prevention manager in regional retail earns an average wage of $73,624 per annum.
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