Understand Restaurant-Specific Losses Loss prevention is not just about stopping theft – it encompasses a wide range of strategies to reduce unnecessary costs, minimize waste, and optimize operations. For restaurant owners and managers, implementing effective...
Imagine walking into your store one morning to find $100,000 worth of inventory missing. This nightmare scenario is a reality for many retailers, with the National Retail Federation reporting that inventory shrinkage cost U.S. retailers a staggering $112.1 billion in...
What is the California Workplace Violence Regulation? The California Workplace Violence Regulation, introduced by Senate Bill 553, mandates that employers adopt and implement a workplace violence prevention plan (WVPP) by July 1, 2024. Key requirements of the...
Understanding Retail Risk Management Retail risk management is a critical component of a comprehensive risk management strategy for retail businesses. It involves identifying, assessing, and mitigating potential risks to the retail sector, including conducting a...
Understanding OSHA Compliance The Occupational Safety and Health Administration (OSHA) was born out of the need to reduce workplace accidents, injuries, and fatalities, especially in high-risk industries. Complying with OSHA regulations involves several key actions:...
Understanding Workplace Violence Incidents Before we talk about the reporting part, it’s crucial to understand what constitutes workplace violence. The Occupational Safety and Health Administration (OSHA) defines workplace violence as any act or threat of physical...
