Loss Prevention Retail Security Electronic Article Surveillance. These terms are commonly bandied about while most people do not know what it means. Loss prevention industry insiders can not know the specific definitions of these terms. A lot of LP professionals say these phrases really thought about it again and again, what they say. To understand these terms together is useful to look at there is literally happening.
Loss Prevention:
Loss = damage or suffering caused by losing something.
Prevention = The act of preventing or something obstructed.
Retail = sale of goods or to the public consumers, small quantities of goods.
Security = Freedom of risk or danger; the security of the state.
Electronic Article Surveillance:
Electronic = Any or involves the controlled conduction of electrons and / or different charge carriers.
article = elements of a class or an individual thing; a particular object or an object such as a piece of clothing or food.
Administrator = Close inspection or monitoring of a person or group, especially one under suspicion.
If these words and put together individual is expanded and enlarged. These terms are elements of both linguistic derivation definition and consequences of common use.
Loss Prevention = prevention of damage to the bottom line due to lost money, goods, etc. in a business environment.
Retail Security = the process by which goods are sold to the public in a safe way both the consumer and the store owner, prevent theft or damage.
Electronic Article Surveillance = Electrically operated machinery and equipment which can alert a retailer that the goods are being removed from the store.
Source by Vick Frost