Loss Prevention Techniques

by Malsec Practitioners Sdn Bhd (MALSEC) Claim Listing

This course 2 days and This Loss prevention Techniques focuses on methodology in reducing, eliminating or avoiding losses through theft, pilferage, shrinkage, consequences of violent behaviors, fraud and embezzlement that affect a business entity.  

RM1880

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Malsec Practitioners Sdn Bhd (MALSEC) Logo

img Duration

2 Days

Course Details

This course 2 days and This Loss prevention Techniques focuses on methodology in reducing, eliminating or avoiding losses through theft, pilferage, shrinkage, consequences of violent behaviors, fraud and embezzlement that affect a business entity.  

The Six Pillar of Loss Prevention Model can approach Loss Prevention in a holistic way through various cross functional departments as shared responsibility. Loss Prevention efforts in setting up controls becomes a necessary part of any well balance security program.

First the security practitioner should recognize the fact that controls, preventive measures and awareness effort are intended to help the majority of the workforce to remain honest whilst getting their support in the program.

Second, Security practitioners should be primarily concern to detect, apprehend and remove this about 10% segment of dishonest employees. The program will also highlight the applications of various loss prevention formulae and loss avoidance techniques.

 

Course Objectives:

  • Acquire the knowledge on holistic approach of loss prevention.
  • Gain in depth knowledge on key pillars of Loss Prevention Mansion Model
  • Apply the key loss prevention formula effectively
  • Adopt the appropriate loss avoidance techniques
  • Learn important aspects of information theft
  • Grasp an understanding in Data Protection Act

 

Who Should Attend?

  • Security Managers, Executives & Supervisors, Safety Managers, Executives and Supervisors, Facility Managers, Internal Auditors, Loss Prevention Directors/Managers.

 

Course Contents:

  • Part 1 - Introduction To The Program
  • Loss Prevention Defined
  • Program Philosophy
  • Cases of Interest & Lessons Learned
  • Signs of Losses & Workplace Violence Indicators
  • Traditional & Modern Methods
  • Exercise 1 – Red Flags of Losses
  • Part 2 - Internal Theft Formula
  • Theft Defined & Factors of Internal Theft
  •  Exercise 2 - Creating Loss Prevention Plan
  • Part 3 - Internal Theft Formula
  • Risks, Threats and Vulnerability Defined
  • Exercise 3 - .Developing Risk Assessment
  • Part 4 - Information Protection Formula
  • Formula - Key Components & Its Applications
  • Group Discussion – Personal Data Protection Act
  • Part 5 - Loss Avoidance Program
  • Negligence, Recoveries and Potential Losses
  • Exercise 4 – Loss Calculation
  • Part 6 -  Loss Prevention Mansion Model
  • The Concept & Outcomes
  • Part 7 - Awareness & Loss Prevention Programs
  •  Exercise 5 –  Developing Awareness Program
     
  • Kuala Lumpur Branch

    No. 2-2-2 (2nd Floor) Jalan 6/18A, Kuala Lumpur

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