Every time an item of inventory is broken, damaged or stolen, a new item has to be purchased to replace the unusable one. As a result, the products that are actually sold need to pull more clout to be able to compensate for the missing item.
Of those three losses, theft is the most common, and the most financially devastating to businesses. It is more likely that a thief would steal multiple of an item, than it is to have multiple of the same items damaged. Even if they are, those can typically be traced back to a shipping problem and either the carrier or the manufacturer can be charged back, mitigating some of the potential financial losses.
Shoplifters, on the other hand, are harder to get a financial recourse from. Even when a shoplifter is apprehended, it can be very hard to charge them with prior incidents. Unless you have evidence that cannot be contested, you will only be able to claim the loss that was incurred during current incident that the shoplifter was apprehended during. That means you may have stopped the cause of the losses, but are still out the inventory from those prior incidents.
Visit the Loss Prevention Store for Alpha 2Alarm, Alpha 3Alarm, Alpha Fashion2, Alpha Jewel Lok, Alpha Nano Gate, Alpha Shark Tag, Alpha Spider Wrap and other retail anti-theft devices from Alpha Security to use in conjunction with your Electronic Article Surveillance or EAS system that can help you prevent shoplifting in your business.
For more information on how you can use Alpha Security retail anti-theft devices and your Electronic Article Surveillance or EAS system to prevent shoplifting contact us or call 1.770.426.0547
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