The Loss Prevention Practice & ChLPS Value Chain

Home / About Us / The Loss Prevention Practice & ChLPS Value Chain

What Is Loss Prevention?

Loss prevention refers to strategic measures aimed at reducing or eliminating business losses caused by theft, fraud, misconduct, and operational risks. These practices help prevent incidents that may result in injury, financial loss, or reputational damage.

Through a combination of policies, procedures, risk analysis, and team awareness, organizations implement tailored loss prevention programs to protect assets, preserve profits, and ensure business continuity.

Why It Matters

Effective loss prevention:

Maximizes profits by managing preventable losses
Identifies and mitigates operational risks early
Strengthens internal controls and accountability
Enhances workplace safety and reduces liability
Supports long-term organizational resilience

Businesses may use in-house professionals or external consultants to develop and manage these systems, depending on their size, industry, and risk profile.

The Role of Professional Associations

Effective loss prevention:

Setting standards and certifications for the profession
Offering training, continuing education, and upskilling
Providing access to research, tools, and best practices
Creating opportunities for networking and mentorship
Advocating for effective industry-wide policies and reforms

Through seminars, online courses, events, and exams, we ensure that professionals remain informed, certified, and connected to the evolving needs of the field.

The ChLPS Canada Value Chain

ChLPS Canada contributes to the profession by delivering value at every stage:

Standardization

We establish and uphold professional and ethical standards for the field.

Certification

We offer career-building designations: ChLPS™, CLPA™, and CLPO™.

Education

We provide learning pathways to grow skills and build knowledge.

Community

We connect professionals across sectors through events and mentorship.

Advocacy

We represent the profession in industry conversations and policy reforms.

Our Commitment

We were founded by professionals who saw the urgent need to raise standards in corporate loss prevention. Today, ChLPS Canada is proud to serve as Canada’s leading voice in this field—setting benchmarks, supporting careers, and building safer, more resilient organizations.