Retail Shrinkage Prevention Audit

This comprehensive Retail Shrinkage Prevention Audit ensures thorough verification and compliance with LP Standards, ASIS Guidelines requirements. Designed for Loss Prevention Managers, this checklist provides 27+ detailed inspection points. Applicable in US, UK, India markets.

  • Industry: Retail
  • Frequency: Weekly
  • Estimated Time: 30-45 minutes
  • Role: Loss Prevention Manager
  • Total Items: 32
  • Compliance: LP Standards, ASIS Guidelines

Pre-Inspection Preparation

Initial setup and documentation review.

  • Previous inspection records reviewed?
  • Inspection scope clearly defined?
  • Required PPE available?
  • Inspection tools and equipment ready?
  • Relevant personnel notified?

Documentation and Compliance

Verify documentation, permits, and training records.

  • Required permits and licenses current?
  • Training records current for personnel?
  • Standard Operating Procedures accessible?
  • Required logs properly maintained?
  • Required signage displayed?

Physical Inspection

Visual and physical inspection of equipment and areas.

  • Overall condition acceptable?
  • No visible damage or defects?
  • Safety guards and barriers in place?
  • Housekeeping standards maintained?
  • Lighting adequate for tasks?
  • Ventilation acceptable?

Safety and Emergency Equipment

Verify safety equipment and emergency systems.

  • Fire extinguishers accessible and inspected?
  • Emergency exits clear and marked?
  • First aid supplies stocked?
  • Eyewash/safety shower functional?
  • Emergency contacts posted?

Operational Verification

Functional testing of equipment and systems.

  • Equipment operating properly?
  • Safety devices functional?
  • Monitoring equipment calibrated?
  • No unusual conditions?

Findings and Corrective Actions

Document findings and assign corrective actions.

  • All deficiencies documented?
  • Immediate hazards corrected?
  • Corrective actions assigned?
  • Follow-up scheduled?
  • Photos attached?
  • Overall Rating
  • Summary Notes

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Why Use This Retail Shrinkage Prevention Audit?

This retail shrinkage prevention audit helps retail teams maintain compliance and operational excellence. Designed for loss prevention manager professionals, this checklist covers 32 critical inspection points across 6 sections. Recommended frequency: weekly.

Ensures compliance with LP Standards, ASIS Guidelines. Regulatory-aligned for audit readiness and inspection documentation.

Frequently Asked Questions

What does the Retail Shrinkage Prevention Audit cover?

This checklist covers 32 inspection items across 6 sections: Pre-Inspection Preparation, Documentation and Compliance, Physical Inspection, Safety and Emergency Equipment, Operational Verification, Findings and Corrective Actions. It is designed for retail operations and compliance.

How often should this checklist be completed?

This checklist should be completed weekly. Each completion takes approximately 30-45 minutes.

Who should use this Retail Shrinkage Prevention Audit?

This checklist is designed for Loss Prevention Manager professionals in the retail industry. It can be used for self-assessments, team audits, and regulatory compliance documentation.

Can I download this checklist as a PDF?

Yes, this checklist is available as a free PDF download. You can also use it digitally in the POPProbe mobile app for real-time data capture, photo documentation, and automatic reporting.

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