Protecting your business, and driving efficiency.
At MavenLP, we combine deep expertise with a uniquely personalized approach to deliver end-to-end loss prevention solutions tailored to your business. From security by design and policy creation to cutting-edge exception reporting and investigative insights, we treat every client as our only client.
Our hands-on, collaborative approach empowers retailers to minimize losses, enhance operational resilience, safeguard profitability, and create an inviting environment where customers love to shop. Explore the Loss Prevention Program Lifecycle below and then contact us to let us know what elements we can help you with.
Loss Prevention Strategy Development
Why It’s Important
A well-defined Loss Prevention (LP) strategy forms the backbone of a retailer’s
efforts to minimize risks and protect assets. Aligning the strategy with business goals
ensures a cohesive approach that safeguards profitability while enhancing
operational resilience and customer trust.
Key Elements
- Alignment with Business Objectives: An LP strategy should integrate
seamlessly with the organization’s mission, vision, and values. Ensuring
alignment fosters buy-in from all departments and positions LP as a valuable
business partner. - Risk Assessment Frameworks: Identifying potential risks is the first step in
crafting an effective LP strategy. This includes analyzing historical data,
assessing vulnerabilities, and forecasting emerging threats. - Measurable KPIs: A successful strategy incorporates quantifiable metrics,
such as shrink reduction percentages or incident response times, to track
progress and refine efforts. - Adaptability and Scalability: Strategies should remain flexible to
accommodate business growth or changes, such as new store openings or
evolving regulatory requirements. - Cross-Functional Collaboration: Effective LP strategies involve partnerships
with HR, IT, Legal, Privacy and Operations to ensure a holistic approach to
risk management.
How MavenLP can help
MavenLP tailors LP strategies to align with each client’s unique goals and culture.
Through individualized consultations, MavenLP develops frameworks that enhance
operational resilience and positions LP as a key player in achieving broader
business success.
Loss Prevention experts.
At MavenLP, the team is dedicated to advanced data analytics and customer-centric loss prevention strategies. The organization benefits from Kristin Hiner‘s 20+ years of industry experience and a keen focus on leveraging exception-based reporting to enhance customer engagement and streamline operations.
At MavenLP we tailor solutions that empower retailers to achieve operational excellence. Our approach intertwines analytics with deep industry knowledge, ensuring every project we undertake maximizes both client satisfaction and business outcomes.
