Combining loss prevention standard (LPS) 1224 and 1225 is critical to the success our business. These two standards migrate to the internet what departments of motor vehicles have been doing since 1903, beginning with card catalogs.
Massachusetts RMV – History of the License Plate
Loss Prevention Certification Board
The Loss Prevention Certification Board (LPCB) is based in England and provides valuable safety standards to much of the world, but is not well known in the United States. As a result, few Americans are aware of the LPCB’s standards for identifying and tracing lost and stolen portable valuables via the internet.
Loss Prevention Standard (LPS) 1224
LPS 1224 sets out “services designed to support the identification and repatriation of assets when those assets are lost or stolen ”
LPS1224-3.1NCDraftDC.docx
Loss Prevention Standard (LPS) 1225
LPS 1225 sets out the “the composition and performance of an asset marking system,” enabling “the marked asset to be traced to the legal owner via a secure database register linked to the marking system employed,” and to act “as a theft deterrent in the first instance by virtue of a visible marking.”
LPS1225-3.2NCDraftDC.docx
