Retailers have always faced the challenge of preventing shoplifting, which can cause significant financial losses. In response to this problem, Sensormatic, a leading provider of retail security solutions, has developed an anti-shoplifting system that has been proven to be highly effective.
The Sensormatic anti-shoplifting system is a comprehensive solution that utilizes a combination of electronic article surveillance (EAS) and other technologies to prevent theft. The system consists of three main components: tags, pedestals, and a monitoring system. The tags are small electronic devices that are attached to products in the store. The pedestals are placed at the entrances and exits of the store and are designed to detect the tags. The monitoring system is used by store personnel to track the movement of tagged products and identify any potential theft.
Studies have shown that retailers that use the Sensormatic anti-shoplifting system experience a significant decrease in shoplifting losses. In fact, some studies have indicated that the system pays for itself in as little as five months. This is because the system is so effective at preventing theft that the savings from reduced losses quickly offset the cost of the system.
But the benefits of the Sensormatic system go beyond just preventing shoplifting. The system also provides retailers with valuable data and insights into their inventory and customer behavior. By tracking the movement of tagged products, retailers can identify which products are most popular and adjust their inventory accordingly. They can also use the data to optimize store layouts and improve customer experiences.
The Sensormatic anti-shoplifting system is a valuable investment for any retailer looking to prevent shoplifting, reduce losses, and increase profits. By utilizing advanced technology and providing valuable insights into customer behavior, the system offers a comprehensive solution that pays for itself in a short amount of time.
When you are wondering if you have an internal theft situation, you can turn to exception based reporting to help guide you.
The exception based reporting is just that- exceptions to typical conduct, generally found on the POS system.
For example, if a cashier conducts a “NO Sale” They are generally opening the cash register drawer without conducting a sale. A legitimate reason for doing this would be because they incorrectly gave back a customer change, and need to fix it.
In exception based reporting, a second criteria is added- no sale following a voided transaction. That could mean that the employee rang up a customer who was going to pay in cash. Instead of hitting total at the end of the transaction, they voided the transaction out completely.
To make sure the customer still thinks they are buying your product, the cashier hits NO SALE and takes the customer’s money and gives them back their proper change.
Since the transaction was never completely processed, there is now additional cash in the drawer. At some point, the cashier will take this extra cash and pocket it, creating an employee theft situation. You would not see a cash shortage, but an inventory shortage.
In order to investigate this employee theft situation, you would either need to take a physical inventory of every single item in your store on a daily basis (not very realistic) or you could implement exception based reporting.
For more information on employee theft, employee theft investigation or internal theft contact us or call 1.770.426.0547 – Atlanta Georgia
One of the biggest deterrents for shop owners over the years has been the fact that the pins used on Checkpoint security tags are serrated. That basically means they have tiny ridges that help keep the pin locked into place. It is a part of anti-shoplifting standards used by Checkpoint Systems for retail theft prevention.
The reason why it is an unfortunate deterrent for shop owners is that these serrations can snag delicate or stretchy fabrics. These owners have been willing to take the risk of shoplifters over the risk of damaging their fabrics either while attaching the pins, or during the deactivation process. It is a hard decision to make; choosing between retail theft prevention and maintaining quality of merchandise standards for their customers.
Well there is good news for these shop owners. Checkpoint security systems have made a better option to help all shop owners stop shoplifting in their stores.
Now Checkpoint security tags come with the option of serrated pins or smooth ones. These smooth pins are much less likely to snag those problematic fabrics. This makes for a far better solution for retail theft prevention in these stores using the Checkpoint Security System for their own anti shoplifting needs.
Visit the Loss Prevention Store to purchase Anti-Shoplifting devices and your Electronic Article Surveillance or EAS system from Checkpoint Systems to stop shoplifting in your store.
For more information on Anti-Shoplifting, Checkpoint Labels, a Checkpoint Security System, Checkpoint Security Tags, Checkpoint Systems, or Checkpoint Tags and how they can work with your Electronic Article Surveillance or EAS system contact us at Retail theft prevention to Stop Shoplifting in your store or call 1.770.426.0547
Normally as an investigator, I take on employee theft investigations only when large or repetitive cash shortages or merchandise discrepancies appear. It is not very common to look at small dollar employee theft cases.
There is a growing trend among many small businesses and low volume stores that is a concerning. It is the theft of small cash wrap items caused by internal theft. Most of these employees are cashiers, so they are close to these items throughout the course of their normal shift.
We are seeing many employees taking small items at the register such as a pack of gum or a candy bar. Sometimes it might be a drink from the store’s coolers. Often, the employee simply forgets to have someone ring up those purchases because they were distracted after taking the item.
They take the items while they are on the clock, which is why they get distracted easily when a customer comes up to pay, or the manager is busy elsewhere in the store.
It might only happen once, or it might be a few times before this employee realizes that no one caught his or her mistake. No one noticed that the pack of gum or the soda was never paid for. It is in that moment that the employee then realizes that no one will have caught the loss and will continue to take those items because they know that no one is watching. This activity will then lead in many cases to larger thefts.
For more information on employee theft, employee theft investigation or internal theft contact us or call 1.770.426.0547 – Atlanta Georgia
Normally as an investigator, I take on employee theft investigations only when large or repetitive cash shortages or merchandise discrepancies appear. It is not very common to look at small dollar employee theft cases.
There is a growing trend among many small businesses and low volume stores that is a concerning. It is the theft of small cash wrap items caused by internal theft. Most of these employees are cashiers, so they are close to these items throughout the course of their normal shift.
We are seeing many employees taking small items at the register such as a pack of gum or a candy bar. Sometimes it might be a drink from the store’s coolers. Often, the employee simply forgets to have someone ring up those purchases because they were distracted after taking the item.
They take the items while they are on the clock, which is why they get distracted easily when a customer comes up to pay, or the manager is busy elsewhere in the store.
It might only happen once, or it might be a few times before this employee realizes that no one caught his or her mistake. No one noticed that the pack of gum or the soda was never paid for. It is in that moment that the employee then realizes that no one will have caught the loss and will continue to take those items because they know that no one is watching. This activity will then lead in many cases to larger thefts.
For more information on employee theft, employee theft investigation or internal theft contact us or call 1.770.426.0547 – Atlanta Georgia
