|
Business
Structure and Purpose:
Loss Prevention is a
Michigan corporation founded in 1985. We provide professional
security consulting services, comprehensive investigation services
and expert witness services on premises liability and security
related litigation. The president of L.P.C., Ltd., Roger H.
Schmedlen, has thirty-three years experience in the business, much
of it obtained on international matters.
Our Business
Objectives:
Unlike most security
consulting and investigative firms, our goals are not just
increasing sales and expanding growth. Remaining relatively
small allows us exceptional mobility and insures rapid response in
crisis events. Our long term associations with
subcontractors--specialists in different fields of security, as well
as investigative practitioners--gives us the capability to quickly
assemble specialized teams for unusual projects and critical event
response, where large numbers of experienced professionals are
required.
Seeking
Challenges:
Although we regularly
handle routine work, such as claims investigations and applicant
backgrounds, we thrive on complicated and unusual cases, where the
objectives appear to be exceptionally difficult or even next to
impossible to achieve. We have a track record of success in
handling these matters, often succeeding after others have
failed. In one case, for instance, a small business which had
been losing between $1,000 and $2,000 a week for over a year, made a
$400 profit on the day following the completion of our
investigation. It has remained in the black ever since.
Our operation ran for two weeks, following a competitor's
unproductive twelve month undercover investigation. In one
overseas case a client immediately saved over $700,000 when we
identified gray market goods "on the water." And in
an exceptionally cost effective investigation, admittedly involving
some good luck, the client negotiated a recovery of $1 million after
less than $7,500 in investigative costs. Challenges are
present in all security consulting and survey projects as well,
since we attempt to minimize upgrading costs while limiting
exposure. On one L.P.C., Ltd. survey, for instance, the client
was able to completely eliminate an unacceptable exposure by
implementing a procedural change. This change cost the client
nothing and provided a level of protection comparable to the $30,000
hardware upgrade that had already been budgeted to minimize this
risk. The savings realized by this recommendation alone paid
for the survey four times over.
Ongoing Training:
Classroom education is
always beneficial and documented educational credits are required
for maintaining various certifications held by L.P.C., Ltd.
personnel. However, in real life, L.P.C., Ltd.
consultants and investigators have frequently learned their most
valuable lessons informally, often from colleagues or associates,
but more frequently from clients and public sector officials--and
even some rather shady rascals. Clients such as corporate
CFOs, controllers, audit managers and internal auditors, informally
educated us in the tricks of their trade, while intellectual
property clients helped us to understand the ins and outs of product
counterfeiting crimes. "War stories" from members of
the Royal Ulster Constabulary, American Indian Tribal Police Chiefs,
Mexican Police Tenientes and
Thai Narcotics Officers have taught us to put the perceived risks in
those environments in a realistic and proper perspective.
Historical
Highlights and Firsts:
The following pages cover
some basic milestones, highlights and firsts in our company's
history:
|
|
