Retail
Retail is a very high loss business in many
ways. Depending on the type of business you
could be loosing product to shoplifters,
shippers or employees. In 2002 small retail
stores lost on average of 1.7% of total
inventory to theft. For a small convenience
store this could be much higher. Much of this loss can be
prevented or recovered with the proper security
measures and can be added back to the bottom
line as profit. Here are a few ways we can help
you with this
-
Video Surveillance
-
Video Analytics
- POS
Integration
-
Electronic Door Access
-
Electronic Article Surveillance
-
Security Alarm System
Here are a few
statistics you may be interested in.
Where Inventory
Shrinkage Happens
|
Source of Inventory Shrinkage |
% of Loss* |
$Retail Industry Lost |
|
Employee Theft |
48.5% |
$15.1 billion |
|
Shoplifting |
31.7% |
$9.7 billion |
|
Administrative Error |
15.3% |
$4.8 billion |
|
Vendor Fraud |
5.4% |
$1.7 billion |
|
Total Inventory Shrinkage |
$31.3 billion |
*total not equal to
100% due to rounding
Source: National Retail
Security Survey, November 2002
(based on 2001 retail sales and inventory
shrinkage)
"According
to NRF’s recent organized retail crime survey,
released June 10,2009
92 percent
of retailers said they were victims of organized
retail crime in the last year...."
Above quote from
National Retail Federation Article June 16, 2009
"Troubled Economy Increases Shoplifting Rates,
According to National Retail Security Survey" -
http://www.nrf.com/modules.php?name=News&op=viewlive&sp_id=746
|