This session is sponsored by Lodge Service https://lodgeservice.com/

It is not unusual in any sector to generate buzz words and phrases that catch on. Security is no exception. ‘Profit protection’ can be presented as one example. When ‘security’ seemed old hat, especially (but not exclusively) in retailing, there was a focus on ‘loss prevention’. For many that missed the point, it was negative leading (loss) rather than positive (profit), and anyway good practices were helping the company achieve its aims, profit, ‘profit protection’ was born. But what does it mean? How is it distinct from other catchy titles? Does it matter anyway? This webinar will:

Discuss the meanings of ‘profit protection’
Explore the extent to which the focus on protecting profits is best achieved
Examine best practice and the routes to achieving them

Panellists:
Paul Bessant – Founder of Retail Knowledge
Sarah Cork – Group Commercial Director at Lodge UK and International Service
Scott Taylor, CPP – Managing Director at Praesidium Risk and Resilience

A video and summary of this session is available here: https://www.theospas.com/2021/08/06/what-is-meant-by-profit-protection-and-is-anyone-really-doing-it/

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