Free Loss Prevention Calculator – 3 WC Blog 802
Loss Prevention ROI Calculator – 3
The Free Loss Prevention Calculator And The Hidden ROI OF A Sensormatic System
When writing about the Free Loss Prevention Calculator I am usually focused on the return on investment (ROI) a retail owner gets from purchasing a Sensormatic system. As I was preparing to write this article and thinking about ROI I also thought about other areas where we see a return on investment. Then I thought about it more and realized our investments don’t necessarily reap a ROI only for us, it can also impact others. The downside is we often don’t see those returns although when we are fortunate when we do get to glimpse them. For example, as a Loss Prevention Manager I made a few early hiring flubs but as I worked those out and improved on what I was looking for in an Associate I also started listening to them more. I had one candidate who wanted to go into Law Enforcement and saw the job as a stepping stone. I saw him as someone who I could train and would be a hard worker. The ROI was for me a very effective Loss Prevention Associate who was effective at stopping theft and dependable. I trained him, invested time in coaching him on report writing, interviewing and investigating. The ROI for HIM was he went on to join the county police department and was top graduate of his State Law Enforcement Academy class. I acknowledge the fact his own hard work earned him his results but I did help prepare him. There is no Loss Prevention ROI calculator that could have assisted me in seeing the potential benefits I would derive from adding this employee to my team or how it would help him.
I am happy to say not knowing potential ROI does not have to be a secret if a retail owner is trying to find a way to reduce theft and shortage. The fact is a Sensormatic system is the answer to your shortage situation. With a wide selection of pedestals for every store style and protective tags and labels for every kind of product Sensormatic is the top of the line in the retail anti-theft industry. I know because I have personally used Sensormatic products. Over 80% of the world’s top 200 hundred retailers agree with me and that should convince you! If you are like me you want more information before making an investment. You want to know what the ROI for you will be. That is where the Free Loss Prevention Calculator comes in. It is a tool that shows you how much you can conservatively reduce your stock shortage by if you invest in a Sensormatic system. Not only that but the Loss Prevention ROI Calculator also shows you how much your system would cost on a monthly basis and the best part, how long it takes before the savings from an anti-theft investment pay for the system. Basically, a Sensormatic system pays for itself and that is a BIG ROI.
I get it, I mentioned earlier how ROI impacts others and we don’t always see it. What is the return on investment for others if you decide to put in an anti-theft system? Remember, you won’t see this on the Free Loss Prevention Calculator but I can tell you that your customers get a return on your investment. When the criminal activity in your store slows down the merchandise that is no longer stolen is available to your clients. Shoppers don’t like to see empty shelves, especially emptiness where their favorite products are supposed to be. The other beneficiaries are your employees. Let’s be honest when shortage takes place and it becomes so pervasive that it is impacting profits a store manager must make hard decisions. Often that can result in payroll cuts and employees start losing hours. Not only is it creating a hardship on the employees but also on families they are supporting.
There is no Loss Prevention ROI Calculator that is going to show you the pain caused when theft is taking place. It will show you how much you can save in theft prevention and while you may not see the secondary results they will be there as an ROI for others. Install a Sensormatic system and you, your customers and your employees all benefit from the savings. Better yet, you might even decide to grow your business and that is always a good thing!
The Free Loss Prevention Calculator is important and we can help you with it. Call 1.770.426.0547 and let’s talk.
When writing about the Free Loss Prevention Calculator I am usually focused on the return on investment (ROI) a retail owner gets from purchasing a Sensormatic system. As I was preparing to write this article and thinking about ROI I also thought about other areas where we see a return on investment. Then I thought about it more and realized our investments don’t necessarily reap a ROI only for us, it can also impact others. The downside is we often don’t see those returns although when we are fortunate when we do get to glimpse them. For example, as a Loss Prevention Manager I made a few early hiring flubs but as I worked those out and improved on what I was looking for in an Associate I also started listening to them more. I had one candidate who wanted to go into Law Enforcement and saw the job as a stepping stone. I saw him as someone who I could train and would be a hard worker. The ROI was for me a very effective Loss Prevention Associate who was effective at stopping theft and dependable. I trained him, invested time in coaching him on report writing, interviewing and investigating. The ROI for HIM was he went on to join the county police department and was top graduate of his State Law Enforcement Academy class. I acknowledge the fact his own hard work earned him his results but I did help prepare him. There is no Loss Prevention ROI calculator that could have assisted me in seeing the potential benefits I would derive from adding this employee to my team or how it would help him.
I am happy to say not knowing potential ROI does not have to be a secret if a retail owner is trying to find a way to reduce theft and shortage. The fact is a Sensormatic system is the answer to your shortage situation. With a wide selection of pedestals for every store style and protective tags and labels for every kind of product Sensormatic is the top of the line in the retail anti-theft industry. I know because I have personally used Sensormatic products. Over 80% of the world’s top 200 hundred retailers agree with me and that should convince you! If you are like me you want more information before making an investment. You want to know what the ROI for you will be. That is where the Free Loss Prevention Calculator comes in. It is a tool that shows you how much you can conservatively reduce your stock shortage by if you invest in a Sensormatic system. Not only that but the Loss Prevention ROI Calculator also shows you how much your system would cost on a monthly basis and the best part, how long it takes before the savings from an anti-theft investment pay for the system. Basically, a Sensormatic system pays for itself and that is a BIG ROI.
I get it, I mentioned earlier how ROI impacts others and we don’t always see it. What is the return on investment for others if you decide to put in an anti-theft system? Remember, you won’t see this on the Free Loss Prevention Calculator but I can tell you that your customers get a return on your investment. When the criminal activity in your store slows down the merchandise that is no longer stolen is available to your clients. Shoppers don’t like to see empty shelves, especially emptiness where their favorite products are supposed to be. The other beneficiaries are your employees. Let’s be honest when shortage takes place and it becomes so pervasive that it is impacting profits a store manager must make hard decisions. Often that can result in payroll cuts and employees start losing hours. Not only is it creating a hardship on the employees but also on families they are supporting.
There is no Loss Prevention ROI Calculator that is going to show you the pain caused when theft is taking place. It will show you how much you can save in theft prevention and while you may not see the secondary results they will be there as an ROI for others. Install a Sensormatic system and you, your customers and your employees all benefit from the savings. Better yet, you might even decide to grow your business and that is always a good thing!
The Free Loss Prevention Calculator is important and we can help you with it. Call 1.770.426.0547 and let’s talk.
