Prevention Equals Profit

Albrecht, John
December 2004
Security: Solutions for Enterprise Security Leaders;Dec2004, Vol. 41 Issue 12, p38
Trade Publication
The article informs that in the transportation industry, a strong security and loss prevention department is a necessity', not a luxury. Theft of cargo and equipment is estimated to cost $10 billion to $15 billion annually. Depending on a company's operating ratio, it takes $10 to $15 in increased revenue to make up for every dollar lost through theft. Employee screening is an important aspect of a successful company. An employer should keep in mind that a stable and honest employee will have credible references from past jobs and former employers INSETS: NCSC Launches Cargo-Security Training;Many Resources.


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