Has Loss Prevention become a new line of business?

Hitherto, for many people over the world the term Loss Prevention always relates to the Retail industry, and mostly Anti-theft.  For long it has been a subject to combat Shoplifting or Employee Theft in retail shops. However, the Hong Kong Loss Prevention Association (HKLPA) takes a different view, in that it regards Loss Prevention as a new profession. For this reason, the HKLPA invites professionals from specific areas to join the association, whose responsibility, among others, is preventing loss(es).  More importantly, the HKLPA thinks Loss Prevention Professionals may not only work by individuals, but instead as a team, and so forming a new walk of life.

 In real-life situations, enterprises are always looking for a complete and comprehensive proposal to tackle their loss problems, in every of their processes throughout the business.  And so forming Loss Prevention Consulting Firms or Teams becomes a trend to deal with Loss Prevention projects, thus a new line of business, which focuses on Loss Prevention, evolves.  The HKLPA serves as a platform for multi-disciplinary professionals to join forces for a common goal,i.e. to come up with an all-in and all-round loss prevention package which is the ultimate to be chosen by the solution-seeking clients.  

HKLPA (@the_hklpa) Tweets

RT @leadingincontxt: How do we help young people become #ethical #leaders? https://t.co/5kSl0nJpfT #culture 4 days 17 hours ago
RT @SecurityInsured: The latest Security Insured News! https://t.co/Q5ptMLOY71 #cybersecurity #edmonton 6 days 13 hours ago
RT @IBEUK: Let #GDPR test your ethical temperature. Communicate the importance of the ethical usage of personal data, the atti… https://t.co/at80gWDWiD 1 week 4 days ago
RT @RSAFraud: This is what happens when fraudsters move from the Dark Web to social media. https://t.co/AS729FbPSz https://t.co/bdF6TELgYU 1 week 4 days ago
RT @leadingincontxt: Leaders: Can You Control Ethics? https://t.co/MCY6gCxNdc https://t.co/COb4wkkBrg 2 weeks 6 days ago
RT @IBEUK: #GDPR and Speak Up – confidentiality and anonymity; investigations; #SAR – Download this free guidance from the IB… https://t.co/29wEB4JRVe 2 weeks 6 days ago
RT @mikevolkov20: The Two Most important Words in a Compliance Dictionary: Trust and Integrity https://t.co/wD05Tzet1V 2 weeks 6 days ago
RT @ComplianceXprts: Good Auditing Practice Converts A Supply Chain Into A Value Chain - Compliance Experts https://t.co/fYDrPiek4p https://t.co/DgWrUoOAzs 3 weeks 6 days ago
RT @ComplianceXprts: The Value of Checklists in #Compliance Processes https://t.co/Z7MIuNpJxn https://t.co/nXvdfnFFt9 1 month 4 days ago
RT @leadingincontxt: Improve the performance and profitability of a company with #ethical leadership. https://t.co/xVn8wsoyMA @PamAtherton #csr 1 month 1 week ago