
Loss Control
Loss control refers to the strategies and practices implemented by organizations to minimize the potential for loss, damage, or injury. This includes identifying risks—such as accidents, theft, or natural disasters—and taking proactive measures to prevent them. Companies might improve safety protocols, maintain equipment regularly, or conduct employee training to ensure a safer environment. The goal is to reduce incidents that could lead to financial losses, protect assets, and safeguard employees and customers, ultimately leading to a more stable and efficient operation.