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Loss Prevention Managers
Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.
Also Known As:
Asset Protection Manager
Logistics Loss Prevention Manager
Loss Control Manager
Loss Prevention Director
Loss Prevention Manager
Loss Prevention Operations Director
Loss Prevention Operations Manager
Loss Prevention Supervisor
Market Asset Protection Manager
Wages
Annual wages for Loss Prevention Managers in United States
Job Outlook
Bright
New job opportunities are very likely in the future
United States
2034 Projected Employment
1,393,500
5% Change From 2024
Explore Loss Prevention Managers video
Tasks you might complete in a day.
- Direct installation of covert surveillance equipment, such as security cameras.
- Hire or supervise loss prevention staff.
- Administer systems and programs to reduce loss, maintain inventory control, or increase safety.
- Hire or supervise loss prevention staff.
- Coordinate theft and fraud investigations involving career criminals or organized group activities.
- Recommend improvements in loss prevention programs, staffing, scheduling, or training.
- Coordinate or conduct internal investigations of problems such as employee theft and violations of corporate loss prevention policies.
- Supervise surveillance, detection, or criminal processing related to theft and criminal cases.
- Review loss prevention exception reports and cash discrepancies to ensure adherence to guidelines.
- Perform cash audits and deposit investigations to fully account for store cash.
- Maintain databases such as bad check logs, reports on multiple offenders, and alarm activation lists.
- Identify potential for loss and develop strategies to eliminate it.
- Provide recommendations and solutions in crisis situations such as workplace violence, protests, and demonstrations.
- Maintain documentation of all loss prevention activity.
- Assess security needs across locations to ensure proper deployment of loss prevention resources, such as staff and technology.
- Monitor compliance to operational, safety, or inventory control procedures, including physical security standards.
- Verify correct use and maintenance of physical security systems, such as closed-circuit television, merchandise tags, and burglar alarms.
- Visit stores to ensure compliance with company policies and procedures.
- Analyze retail data to identify current or emerging trends in theft or fraud.
- Investigate or interview individuals suspected of shoplifting or internal theft.
- Perform or direct inventory investigations in response to shrink results outside of acceptable ranges.
- Collaborate with law enforcement to investigate and solve external theft or fraud cases.
- Advise retail establishments on development of loss-investigation procedures.
- Coordinate or conduct internal investigations of problems such as employee theft and violations of corporate loss prevention policies.
- Monitor and review paperwork procedures and systems to prevent error-related shortages.
- Direct loss prevention audit programs including target store audits, maintenance audits, safety audits, or electronic article surveillance (EAS) audits.
- Direct loss prevention audit programs including target store audits, maintenance audits, safety audits, or electronic article surveillance (EAS) audits.
- Train loss prevention staff, retail managers, or store employees on loss control and prevention measures.
- Develop and maintain partnerships with federal, state, or local law enforcement agencies or members of the retail loss prevention community.
- Identify potential for loss and develop strategies to eliminate it.
- Advise retail managers on compliance with applicable codes, laws, regulations, or standards.
Subject areas you may need to master.
- Medicine and Dentistry - Knowledge of the information and techniques needed to diagnose and treat human injuries, diseases, and deformities. This includes symptoms, treatment alternatives, drug properties and interactions, and preventive health-care measures.
- Fine Arts - Knowledge of the theory and techniques required to compose, produce, and perform works of music, dance, visual arts, drama, and sculpture.
- History and Archeology - Knowledge of historical events and their causes, indicators, and effects on civilizations and cultures.
- Public Safety and Security - Knowledge of relevant equipment, policies, procedures, and strategies to promote effective local, state, or national security operations for the protection of people, data, property, and institutions.
- Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
- Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
- Personnel and Human Resources - Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
- Production and Processing - Knowledge of raw materials, production processes, quality control, costs, and other techniques for maximizing the effective manufacture and distribution of goods.
- Food Production - Knowledge of techniques and equipment for planting, growing, and harvesting food products (both plant and animal) for consumption, including storage/handling techniques.
- Engineering and Technology - Knowledge of the practical application of engineering science and technology. This includes applying principles, techniques, procedures, and equipment to the design and production of various goods and services.
- Design - Knowledge of design techniques, tools, and principles involved in production of precision technical plans, blueprints, drawings, and models.
- Building and Construction - Knowledge of materials, methods, and the tools involved in the construction or repair of houses, buildings, or other structures such as highways and roads.
- Mechanical - Knowledge of machines and tools, including their designs, uses, repair, and maintenance.
- Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
- Physics - Knowledge and prediction of physical principles, laws, their interrelationships, and applications to understanding fluid, material, and atmospheric dynamics, and mechanical, electrical, atomic and sub-atomic structures and processes.
- Chemistry - Knowledge of the chemical composition, structure, and properties of substances and of the chemical processes and transformations that they undergo. This includes uses of chemicals and their interactions, danger signs, production techniques, and disposal methods.
- Biology - Knowledge of plant and animal organisms, their tissues, cells, functions, interdependencies, and interactions with each other and the environment.
- Psychology - Knowledge of human behavior and performance; individual differences in ability, personality, and interests; learning and motivation; psychological research methods; and the assessment and treatment of behavioral and affective disorders.
- Sociology and Anthropology - Knowledge of group behavior and dynamics, societal trends and influences, human migrations, ethnicity, cultures, and their history and origins.
- Geography - Knowledge of principles and methods for describing the features of land, sea, and air masses, including their physical characteristics, locations, interrelationships, and distribution of plant, animal, and human life.
- Therapy and Counseling - Knowledge of principles, methods, and procedures for diagnosis, treatment, and rehabilitation of physical and mental dysfunctions, and for career counseling and guidance.
- Education and Training - Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.
- English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, and rules of composition and grammar.
- Foreign Language - Knowledge of the structure and content of a foreign (non-English) language including the meaning and spelling of words, rules of composition and grammar, and pronunciation.
- Telecommunications - Knowledge of transmission, broadcasting, switching, control, and operation of telecommunications systems.
- Transportation - Knowledge of principles and methods for moving people or goods by air, rail, sea, or road, including the relative costs and benefits.
- Sales and Marketing - Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
- Philosophy and Theology - Knowledge of different philosophical systems and religions. This includes their basic principles, values, ethics, ways of thinking, customs, practices, and their impact on human culture.
- Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
- Communications and Media - Knowledge of media production, communication, and dissemination techniques and methods. This includes alternative ways to inform and entertain via written, oral, and visual media.
- Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
- Administrative - Knowledge of administrative and office procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and workplace terminology.
- Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
Strengths you may need in this role.
- Persuasion - Talking people into changing their minds or their behavior.
- Equipment Maintenance - Planning and doing the basic maintenance on equipment.
- Systems Analysis - Figuring out how a system should work and how changes in the future will affect it.
- Systems Evaluation - Measuring how well a system is working and how to improve it.
- Reading Comprehension - Reading work-related information.
- Speaking - Talking to others.
- Management of Personnel Resources - Selecting and managing the best workers for a job.
- Mathematics - Using math to solve problems.
- Management of Financial Resources - Making spending decisions and keeping track of what is spent.
- Equipment Selection - Deciding what kind of tools and equipment are needed to do a job.
- Repairing - Repairing machines or systems using the right tools.
- Programming - Writing computer programs.
- Writing - Writing things for co-workers or customers.
- Monitoring - Keeping track of how well people and/or groups are doing in order to make improvements.
- Learning Strategies - Using the best training or teaching strategies for learning new things.
- Technology Design - Making equipment and technology useful for customers.
- Active Learning - Figuring out how to use new ideas or things.
- Operations Analysis - Figuring out what a product or service needs to be able to do.
- Time Management - Managing your time and the time of other people.
- Service Orientation - Looking for ways to help people.
- Science - Using scientific rules and strategies to solve problems.
- Critical Thinking - Thinking about the pros and cons of different ways to solve a problem.
- Management of Material Resources - Managing equipment and materials.
- Complex Problem Solving - Noticing a problem and figuring out the best way to solve it.
- Judgment and Decision Making - Thinking about the pros and cons of different options and picking the best one.
- Installation - Installing equipment, machines, wiring, or computer programs.
- Quality Control Analysis - Testing how well a product or service works.
- Troubleshooting - Figuring out what is causing equipment, machines, wiring, or computer programs to not work.
- Coordination - Changing what is done based on other people's actions.
- Operation and Control - Using equipment or systems.
- Instructing - Teaching people how to do something.
- Active Listening - Listening to others, not interrupting, and asking good questions.
- Social Perceptiveness - Understanding people's reactions.
- Negotiation - Bringing people together to solve differences.
- Operations Monitoring - Watching gauges, dials, or display screens to make sure a machine is working.
- Visualization - Imagining how something will look after it is moved around or changed.
- Control Precision - Quickly changing the controls of a machine, car, truck or boat.
- Oral Expression - Communicating by speaking.
- Response Orientation - Quickly deciding if you should move your hand, foot, or other body part.
- Near Vision - Seeing details up close.
- Written Expression - Communicating by writing.
- Manual Dexterity - Holding or moving items with your hands.
- Memorization - Remembering words, numbers, pictures, or steps.
- Glare Sensitivity - Seeing something even if there is a glare or very bright light.
- Originality - Creating new and original ideas.
- Perceptual Speed - Quickly comparing groups of letters, numbers, pictures, or other things.
- Oral Comprehension - Listening and understanding what people say.
- Mathematical Reasoning - Choosing the right type of math to solve a problem.
- Number Facility - Adding, subtracting, multiplying, or dividing.
- Written Comprehension - Reading and understanding what is written.
- Deductive Reasoning - Using rules to solve problems.
- Extent Flexibility - Bending, stretching, twisting, or reaching with your body, arms, and/or legs.
- Gross Body Equilibrium - Keeping your balance or staying upright.
- Visual Color Discrimination - Noticing the difference between colors, including shades and brightness.
- Information Ordering - Ordering or arranging things.
- Flexibility of Closure - Seeing hidden patterns.
- Arm-Hand Steadiness - Keeping your arm or hand steady.
- Speed of Closure - Quickly knowing what you are looking at.
- Time Sharing - Doing two or more things at the same time.
- Static Strength - Lifting, pushing, pulling, or carrying.
- Fluency of Ideas - Coming up with lots of ideas.
- Reaction Time - Quickly moving your hand, finger, or foot based on a sound, light, picture or other command.
- Dynamic Flexibility - Quickly and repeatedly bending, stretching, twisting, or reaching out with your body, arms, and/or legs.
- Hearing Sensitivity - Telling the difference between sounds.
- Stamina - Exercising for a long time without getting out of breath.
- Trunk Strength - Using your lower back and stomach.
- Far Vision - Seeing details that are far away.
- Peripheral Vision - Seeing something to your side when your are looking ahead.
- Sound Localization - Noticing the direction that a sound came from.
- Finger Dexterity - Putting together small parts with your fingers.
- Rate Control - Changing when and how fast you move based on how something else is moving.
- Category Flexibility - Grouping things in different ways.
- Speed of Limb Movement - Quickly moving your arms and legs.
- Depth Perception - Deciding which thing is closer or farther away from you, or deciding how far away it is from you.
- Speech Clarity - Speaking clearly.
- Speech Recognition - Recognizing spoken words.
- Problem Sensitivity - Noticing when problems happen.
- Spatial Orientation - Knowing where things are around you.
- Wrist-Finger Speed - Making fast, simple, repeated movements of your fingers, hands, and wrists.
- Inductive Reasoning - Making general rules or coming up with answers from lots of detailed information.
- Gross Body Coordination - Moving your arms, legs, and mid-section together while your whole body is moving.
- Auditory Attention - Paying attention to one sound while there are other distracting sounds.
- Dynamic Strength - Exercising for a long time without your muscles getting tired.
- Night Vision - Seeing at night or under low light.
- Selective Attention - Paying attention to something without being distracted.
- Multilimb Coordination - Using your arms and/or legs together while sitting, standing, or lying down.
- Explosive Strength - Jumping, sprinting, or throwing something.
Average Education Attained
Highest level of education earned by people in this career.
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Content sourced from United States Department of Labor Employment and Training Administration ("DOLETA") and the Minnesota Department of Employment & Economic Development ("DEED")