Loss Prevention

Quelle: https://www.investopedia.com/terms/l/loss-prevention.asp

Loss Prevention is the systematic set of practices, processes, and controls aimed at reducing total losses in supply chain and logistics caused by theft, damage, error, waste, or fraud, through measures such as security, risk management, process improvements, and incident monitoring.

Related Terms

You might also be interested in these terms

Cargo Loss Prevention

A systematic approach comprising processes, procedures, and security measures within logistics and supply chain operations to minimize the risk of car...

Learn more

risk prevention

Proactive measures to identify, assess, and mitigate risks within the supply chain, transport, or logistics in order to prevent adverse effects on obj...

Learn more

fraud prevention

Activities and processes to detect, prevent, and investigate fraud within logistics, supply chains, and transport, including falsified invoices, fake ...

Learn more

Damage prevention

Actions and measures to prevent damage to goods, packaging, or transport assets during procurement, storage, transport and handling; aim is to reduce ...

Learn more

Crisis prevention

In the logistics and supply chain context, crisis prevention is the systematic process of identifying, assessing, and mitigating risks that could lead...

Learn more

Bulk Cargo Loss Prevention

Bulk cargo loss prevention refers to the measures and procedures employed to minimize losses of bulk commodities (e.g. coal, grain, ores) during loadi...

Learn more