The Call Was Coming From Inside The POS: A Starter’s Guide to Data-Driven Restaurant Loss Prevention
3 Min Read By David Pettit
Whether you are the sole operator or you manage thousands of stores, the stresses you face in the restaurant industry won’t disappear with the click of a button, but there are some easy ways to calm down the craziness by leveraging your POS data and dipping your toes into loss prevention.
Because loss prevention is still a (somewhat) new practice across the restaurant world, many owners and operators still focus on it as an offshoot of their internal safety or risk management practices. And while a focus on safety & risk is essential to your business, it’s also worth knowing that loss prevention isn’t about people slipping on a kitchen floor nor is it just about employees stealing. Restaurant loss prevention is about protecting your already thin margins by enacting policies that “keep an eye on things”…but in a way that doesn’t feel like Big Brother is watching.
When I talk with restaurant operators who are starting to dabble in loss prevention, I always recommend…
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