Typical Problem

Many of the Loss Prevention tools used to collect data about bad-intentioned behavior in an organization (e.g. hot line, client X) do not present a clear picture of the pattern of fraud or clear criteria in order to detect what is relevant from the mass of information collected.
Selecting the appropriate channels and defining the next steps on how to use this information to combat potential internal or external adversaries who contribute to losses is also a major challenge for companies.


Our Solution

PBI assists in the identification and reduction of all the losses traditionally identified by loss prevention programs that is inventory losses, dishonest practices, frauds and revenue losses. However, this system goes much deeper than normal loss prevention programs and as a result brings to the surface more rapidly the more hidden types of loss. Preventative Business Intelligence makes use of Intelligence Agencies concepts to define paths to select and prioritize causes of loss related to bad intention and to identify ways to put in effect actions to deceive opponents and create a deterrence effect. The measures are of preventive nature, avoiding the creation of a propitious environment for losses or they can be countermeasures against current situations involving parties internal or external to the company.


Benefits to Our Clients

Direct Benefits

• Loss Reduction. Additional reduction of measurable bad-intention related losses, such as inventory (stock) losses and revenue losses to world class levels, improving profits and competitiveness.
• Loss Prevention. Sustaining and reducing the levels of achievement in reducing risk and preventing losses.
• LP Culture Change: Affirming Loss Prevention on the organizational agenda, creating a better working environment and preventing staff generated losses.
• Internal Ethics Improvement. The further reduction of hidden (yet quantifiable) losses, such as income losses arising from dishonest acts.
• Costs Reduction. An additional reduction of overall costs related to security and Loss Prevention (both manpower and technology) by realigning the resources to the actual risk level.
• Creation of Risk Prevention Apparatus. Skills and technology transfer to transform a traditional loss prevention department into a risk management department.

• Improved controls for decision makers.
• Better understanding by management of bad intention, loss causes and of possible solutions.
• More positive public image.
• Highly motivated and ethical workplace.
• Improved compliance with company policy and procedures.