Worse Than Damages- Retail Anti Theft Devices

Theft is the most common, and the most financially devastating, loss to a business. Compared to the financial damage done to inventory levels by broken or misplaced items, theft is much more widespread and damaging.
It is more likely that a thief would steal multiples of an item, than it is to have multiples of the same items damaged. It is also more likely to have several different thieves or groups of thieves targeting certain items of merchandise, creating poor sell through of those items.
Additionally, broken or damaged items can potentially be sent back to the vendor or a clam placed against the courier to help get back some of the financial loss.
 
Shoplifters 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. 
By stopping a shoplifter, 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 

Theft is the most common, and the most financially devastating, loss to a business. Compared to the financial damage done to inventory levels by broken or misplaced items, theft is much more widespread and damaging.

It is more likely that a thief would steal multiples of an item, than it is to have multiples of the same items damaged. It is also more likely to have several different thieves or groups of thieves targeting certain items of merchandise, creating poor sell through of those items.

Additionally, broken or damaged items can potentially be sent back to the vendor or a clam placed against the courier to help get back some of the financial loss. 

Shoplifters 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.

By stopping a shoplifter, 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 

 

Implications Beyond Your Store –Wardrobing

Wardrobing is not just about the customers who are in your store. It is also about customers who do any kind of online or mail order shopping. I never thought about those ramifications until I was presented with an unfortunate situation as a customer.
I recently bought a dress. Since I made the purchase online I never worried that the dress may have been involved in any wardrobing before I bought it. I didn’t realize that some companies send merchandise straight from a store, instead of out of a warehouse.
Once I received the dress in the mail, I went to try it on and there was a huge smudge of makeup all inside the dress. Ugh. After calling customer service, I was given two options, return the dress or keep the dress with an extra ten percent discount. Since I really wanted the dress and the discount would cover dry cleaning, I went with option number two.
One of two things had happened. The make up came from a customer trying the dress on, oblivious to the damage she did, or it came from a customer who was wardrobing.
Either way, the company lost out. They were shorted the discount that they gave me. Additionally, they lost me as a customer (and all the money I am spending elsewhere) because it was not worth the potential hassle to order anything from them again.
Visit the Loss Prevention Store for more information on or to purchase
Wardrobing, Wardrobing Tags, Wardrobing Retail, Alpha Shark Tags,
Checkpoint Tags, a Clothing Alarm, Clothing Security or Clothing Security
Tags to put Security Tags on Clothes and an Electronic Article Surveillance
or EAS system.
For more information on Wardrobing tags, Alpha Shark Tags, Wardrobing, or
Wardrobing Retail contact us or call 1.770.426.0547

Wardrobing is not just about the customers who are in your store. It is also about customers who do any kind of online or mail order shopping. I never thought about those ramifications until I was presented with an unfortunate situation as a customer.

I recently bought a dress. Since I made the purchase online I never worried that the dress may have been involved in any wardrobing before I bought it. I didn’t realize that some companies send merchandise straight from a store, instead of out of a warehouse.

Once I received the dress in the mail, I went to try it on and there was a huge smudge of makeup all inside the dress. Ugh. After calling customer service, I was given two options, return the dress or keep the dress with an extra ten percent discount. Since I really wanted the dress and the discount would cover dry cleaning, I went with option number two.

One of two things had happened. The make up came from a customer trying the dress on, oblivious to the damage she did, or it came from a customer who was wardrobing.

Either way, the company lost out. They were shorted the discount that they gave me. Additionally, they lost me as a customer (and all the money I am spending elsewhere) because it was not worth the potential hassle to order anything from them again.

Visit the Loss Prevention Store for more information on or to purchase Wardrobing, Wardrobing Tags, Wardrobing Retail, Alpha Shark Tags,Checkpoint Tags, a Clothing Alarm, Clothing Security or Clothing Security Tags to put Security Tags on Clothes and an Electronic Article Surveillance or EAS system.

For more information on Wardrobing tags, Alpha Shark Tags, Wardrobing, or Wardrobing Retail contact us or call 1.770.426.0547

Maybe It Is Time- Background Checks

So often when we (as business owners and managers) think of running background checks for potential employees, we do so with the mindset that it is for our benefit. We rarely stop and think about pre employment screening from the perspective of a new hire.
Maybe it is time that we do. 
With so many companies making it blatantly obvious that the employees are an after thought, background checks are frequently viewed as another company hoop to be jumped through.
Maybe it is time we talk to our potential employees about the benefits that they will get from undergoing the pre employment screening.
Since we are all aware of the benefits from low turnover, we should be presenting background checks in the same context that we do vacation time, insurance, or 401K opportunities.
When you are able to weed out potentially dangerous or deceitful employees, you are creating a safer work environment for the employees who do make it past the initial screening.
When you are validating education history, you are ensuring that other employees will not have to work double duty to compensate for the lied about skill and knowledge sets of a potential bad hire.
When you verify work history, you can discover large employment gaps or frequent job bouncing. Those employees can exhibit a serious lack of commitment to their job and their productivity. Not hiring those candidates help keep high employee morale as everyone is doing their share of the workload.
To purchase Pre-Employment Screening Services or for more information on background check experts, background checks, criminal background checks, employee background checks or pre employment screening 

So often when we (as business owners and managers) think of running background checks for potential employees, we do so with the mindset that it is for our benefit. We rarely stop and think about pre employment screening from the perspective of a new hire.

Maybe it is time that we do.

With so many companies making it blatantly obvious that the employees are an after thought, background checks are frequently viewed as another company hoop to be jumped through.

Maybe it is time we talk to our potential employees about the benefits that they will get from undergoing the pre employment screening.

Since we are all aware of the benefits from low turnover, we should be presenting background checks in the same context that we do vacation time, insurance, or 401K opportunities.

When you are able to weed out potentially dangerous or deceitful employees, you are creating a safer work environment for the employees who do make it past the initial screening.

When you are validating education history, you are ensuring that other employees will not have to work double duty to compensate for the lied about skill and knowledge sets of a potential bad hire.

When you verify work history, you can discover large employment gaps or frequent job bouncing. Those employees can exhibit a serious lack of commitment to their job and their productivity. Not hiring those candidates help keep high employee morale as everyone is doing their share of the workload.

To purchase Pre-Employment Screening Services or for more information on background check experts, background checks, criminal background checks, employee background checks or pre employment screening contact us at the background check company or call 1.770.426.0547

 

Not Just In Fashion- Alpha Shark Tag

Lately retail anti theft devices similar to the Alpha Security Alpha Shark Tag have been in the headlines. The severity and frequency of wardrobing and one major retailer’s solution to stop this form of refund fraud have come to light.
The majority of the spotlight on refund fraud has focused on wardrobing. Wardrobing is when a customer purchases clothing for a specific use- special occasion, interview, etc. – and fully intends to return it after wearing it to that occasion.
While wardrobing focuses on the returns of clothing, there is more to this kind of return fraud than just clothes. Surprisingly, electronics are also targeted for one time use. Since retail anti theft devices like the Alpha Shark Tag are designed to target clothing returns, electronics are still an open market.
In one of the articles I read, a gentleman bought an expensive projector for a client presentation at his work. After carefully saving and memorizing where every piece of plastic and twist tie went, he proceeded to package up this projector exactly as it was originally boxed. This was, of course, after he had used it for the presentation. His boss had even applauded his ingenuity at saving the company money for not having to actually buy that particular piece of equipment.
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 

Lately retail anti theft devices similar to the Alpha Security Alpha Shark Tag have been in the headlines. The severity and frequency of wardrobing and one major retailer’s solution to stop this form of refund fraud have come to light.

The majority of the spotlight on refund fraud has focused on wardrobing. Wardrobing is when a customer purchases clothing for a specific use- special occasion, interview, etc. – and fully intends to return it after wearing it to that occasion.

While wardrobing focuses on the returns of clothing, there is more to this kind of return fraud than just clothes. Surprisingly, electronics are also targeted for one time use. Since retail anti theft devices like the Alpha Shark Tag are designed to target clothing returns, electronics are still an open market.

In one of the articles I read, a gentleman bought an expensive projector for a client presentation at his work. After carefully saving and memorizing where every piece of plastic and twist tie went, he proceeded to package up this projector exactly as it was originally boxed. This was, of course, after he had used it for the presentation. His boss had even applauded his ingenuity at saving the company money for not having to actually buy that particular piece of equipment.

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 

 

What is it? – Wardrobing Tags

There is a fair amount of internet traffic all circulating around wardrobing tags. These are the garment tags that are now being made famous by the high-end retailer Nordstrom’s
Wardrobing tags have actually been around for a while; they just haven’t seen much press until now.
When a customer buys an item of clothing that they have every intention of wearing to an event and then return it, it is called wardrobing. This is different than a customer who buys an item and tries it on at home, instead of in a dressing room at the store. The customer might still return the item, but they have not worn it to an event or for an extended period of time.
To counteract this, retailers can use wardrobing tags like Alpha Security’s Alpha Shark Tag.
The Alpha Shark Tag is a red plastic tag that is attached with a pin closure. The pin clamps onto the merchandise. To be truly effective, the tags should be someplace conspicuous, such as the middle of the neckline on a dress or shirt.
The tags are easily removed with household scissors. The catch is that they should only be removed once the customer is sure they are going to keep the item. This is how the retailer knows that this item has not been worn and can be returned per company policies.
Visit the Loss Prevention Store for more information on or to purchase
Wardrobing, Wardrobing Tags, Wardrobing Retail, Alpha Shark Tags,
Checkpoint Tags, a Clothing Alarm, Clothing Security or Clothing Security
Tags to put Security Tags on Clothes and an Electronic Article Surveillance
or EAS system.
For more information on Wardrobing tags, Alpha Shark Tags, Wardrobing, or
Wardrobing Retail contact us or call 1.770.426.0547

There is a fair amount of internet traffic all circulating around wardrobing tags. These are the garment tags that are now being made famous by the high-end retailer Nordstrom’s.

Wardrobing tags have actually been around for a while; they just haven’t seen much press until now.

When a customer buys an item of clothing that they have every intention of wearing to an event and then return it, it is called wardrobing. This is different than a customer who buys an item and tries it on at home, instead of in a dressing room at the store. The customer might still return the item, but they have not worn it to an event or for an extended period of time.

To counteract this, retailers can use wardrobing tags like Alpha Security’s Alpha Shark Tag.

The Alpha Shark Tag is a red plastic tag that is attached with a pin closure. The pin clamps onto the merchandise. To be truly effective, the tags should be someplace conspicuous, such as the middle of the neckline on a dress or shirt.

The tags are easily removed with household scissors. The catch is that they should only be removed once the customer is sure they are going to keep the item. This is how the retailer knows that this item has not been worn and can be returned per company policies.

Visit the Loss Prevention Store for more information on or to purchase Wardrobing, Wardrobing Tags, Wardrobing Retail, Alpha Shark Tags,Checkpoint Tags, a Clothing Alarm, Clothing Security or Clothing Security Tags to put Security Tags on Clothes and an Electronic Article Surveillance or EAS system.

For more information on Wardrobing tags, Alpha Shark Tags, Wardrobing, or Wardrobing Retail contact us or call 1.770.426.0547

The Same Standards Of Accountability- Prevent Shoplifting

While I am a firm believer that all employees need to be held to the same accountability and responsibility standards, it is critical to your business that any part time employees are properly trained and managed to ensure the success of your retail operations. In particular, any attempts to prevent shoplifting through customer service or retail anti theft devices must be monitored closely on a continual basis.
Part time employees might make for a better financial situation, but this is generally a case of you get what you pay for. Because part time employees are less likely to have guaranteed hours or might not be eligible for benefits, they are also less likely to be truly engaged in your business.
When the responsibility falls onto part time employees, retail anti theft devices generally are more likely to be used inconsistently. It can be a tedious task of applying retail anti theft devices, and then removing them during check out. 
Part time employees simply do not care if a customer is inconvenienced by an alarm or if they actually contribute to the store security process. Even if they are held to the same standards as full time employees, there is a reality that the follow through of the part time employees might be lacking.
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 

While I am a firm believer that all employees need to be held to the same accountability and responsibility standards, it is critical to your business that any part time employees are properly trained and managed to ensure the success of your retail operations. In particular, any attempts to prevent shoplifting through customer service or retail anti theft devices must be monitored closely on a continual basis.

Part time employees might make for a better financial situation, but this is generally a case of you get what you pay for. Because part time employees are less likely to have guaranteed hours or might not be eligible for benefits, they are also less likely to be truly engaged in your business.

When the responsibility falls onto part time employees, retail anti theft devices generally are more likely to be used inconsistently. It can be a tedious task of applying retail anti theft devices, and then removing them during check out. 

Part time employees simply do not care if a customer is inconvenienced by an alarm or if they actually contribute to the store security process. Even if they are held to the same standards as full time employees, there is a reality that the follow through of the part time employees might be lacking.

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 

 

Up To You –Wardrobing Tags

There are some forms of return fraud that is very clearly illegal, however wardrobing retail is not one of them. Most state legislation only says that a retailer must post their return policy in a prominent location. They say nothing about how a retailer outlines what is acceptable within those policies.
Since there are still a fair amount of retailers that welcome back refunds of merchandise in any condition, it makes it even harder to form actual legislation on wardrobing.
 Would you be happy if state laws outlined exactly how your return policy should read? Probably not. Because there are so many variables and variations, it would be difficult to find a universal return policy that retailers would find neither too strict nor too lenient.
That leaves it up to the individual retailers to create their own return policy as well as finding clear-cut ways to discourage wardrobing retail within their stores.
Some retailers have found success through having an “all sales are final” policy. Simple and effective; no one can abuse a policy that has no margin for exception. As this can potentially alienate a large, honest customer base, maybe a less strict policy can be utilized. Maybe a 30-day policy would work, or implementing Wardrobing Tags on all of your special occasion items can be effective in your situation.
Until that time that all retailers can agree on one policy, it is best for you to decide what your store would and would not find acceptable and then make sure it was clear to all of your customers.
Visit the Loss Prevention Store for more information on or to purchase
Wardrobing, Wardrobing Tags, Wardrobing Retail, Alpha Shark Tags,
Checkpoint Tags, a Clothing Alarm, Clothing Security or Clothing Security
Tags to put Security Tags on Clothes and an Electronic Article Surveillance
or EAS system.
For more information on Wardrobing tags, Alpha Shark Tags, Wardrobing, or
Wardrobing Retail contact us or call 1.770.426.0547

There are some forms of return fraud that is very clearly illegal, however wardrobing retail is not one of them. Most state legislation only says that a retailer must post their return policy in a prominent location. They say nothing about how a retailer outlines what is acceptable within those policies.

Since there are still a fair amount of retailers that welcome back refunds of merchandise in any condition, it makes it even harder to form actual legislation on wardrobing.

Would you be happy if state laws outlined exactly how your return policy should read? Probably not. Because there are so many variables and variations, it would be difficult to find a universal return policy that retailers would find neither too strict nor too lenient.

That leaves it up to the individual retailers to create their own return policy as well as finding clear-cut ways to discourage wardrobing retail within their stores.

Some retailers have found success through having an “all sales are final” policy. Simple and effective; no one can abuse a policy that has no margin for exception. As this can potentially alienate a large, honest customer base, maybe a less strict policy can be utilized. Maybe a 30-day policy would work, or implementing Wardrobing Tags on all of your special occasion items can be effective in your situation.

Until that time that all retailers can agree on one policy, it is best for you to decide what your store would and would not find acceptable and then make sure it was clear to all of your customers.

Visit the Loss Prevention Store for more information on or to purchase Wardrobing, Wardrobing Tags, Wardrobing Retail, Alpha Shark Tags,Checkpoint Tags, a Clothing Alarm, Clothing Security or Clothing Security Tags to put Security Tags on Clothes and an Electronic Article Surveillance or EAS system.

For more information on Wardrobing tags, Alpha Shark Tags, Wardrobing, or Wardrobing Retail contact us or call 1.770.426.0547

Time Commitment- Clothing Security

Confronting or detaining a shoplifter takes an intimate knowledge of the crime. That means you have to personally witness the event. You have to know one hundred percent, undeniably, that the clothing the person has is yours, and they intended to steal it. While some of the larger companies have access to RFID tags as a part of their clothing alarm, smaller business still have to rely on being an actual eyewitness to determine which specific pieces of merchandise have been concealed.
During the initial detainment you have to make sure the shoplifter knows you have complete knowledge of their actions. That usually includes you stating “ I know you have Item A hidden in your bag (pocket, purse, coat, etc)”. By stating the exact item and the exact location the item was concealed, you have proven your knowledge of their theft attempt.
An accusation that has no truth to it can result in a wrongful detainment lawsuit from the accused, costing an enormous sum of money and time. You have to be able to dedicate your complete attention to watching a shoplifter. Sometimes that can be five minutes, sometimes forty-five. If dedicating that kind of time to reduce shoplifting losses just isn’t plausible for you, checkpoint tags are an effective deterrent.
They stop losses before they even begin. Clothing security, especially in the form of clothing security tags, pushes the shoplifters to a store that has no clothing security or security tags on clothes.
Visit the Loss Prevention Store to purchase Checkpoint Tags, a Clothing Alarm, Clothing Security or Clothing Security Tags to put Security Tags on Clothes and an Electronic Article Surveillance or EAS system.
For more information on Checkpoint tags, clothing security, clothing alarm, or clothing security tags how they can work with your Electronic Article Surveillance or EAS system contact us at security tags on clothes or call 1.770.426.0547

Confronting or detaining a shoplifter takes an intimate knowledge of the crime. That means you have to personally witness the event. You have to know one hundred percent, undeniably, that the clothing the person has is yours, and they intended to steal it. While some of the larger companies have access to RFID tags as a part of their clothing alarm, smaller business still have to rely on being an actual eyewitness to determine which specific pieces of merchandise have been concealed.

During the initial detainment you have to make sure the shoplifter knows you have complete knowledge of their actions. That usually includes you stating “ I know you have Item A hidden in your bag (pocket, purse, coat, etc)”. By stating the exact item and the exact location the item was concealed, you have proven your knowledge of their theft attempt.

An accusation that has no truth to it can result in a wrongful detainment lawsuit from the accused, costing an enormous sum of money and time. You have to be able to dedicate your complete attention to watching a shoplifter. Sometimes that can be five minutes, sometimes forty-five. If dedicating that kind of time to reduce shoplifting losses just isn’t plausible for you, checkpoint tags are an effective deterrent.

They stop losses before they even begin. Clothing security, especially in the form of clothing security tags, pushes the shoplifters to a store that has no clothing security or security tags on clothes.

Visit the Loss Prevention Store to purchase Checkpoint Tags, a Clothing Alarm, Clothing Security or Clothing Security Tags to put Security Tags on Clothes and an Electronic Article Surveillance or EAS system.

For more information on Checkpoint tags, clothing security, clothing alarm, or clothing security tags how they can work with your Electronic Article Surveillance or EAS system contact us at security tags on clothes or call 1.770.426.0547

 

Not Always Accurate- Background Check Experts

When you contract with reputable and experience background check experts, you should not have to worry that they will try and make your business liable for errors found on pre employment screening. They need to stand behind their work and the background checks that they generate for you. 
If for some reason, the background check company will not back their work, or pushes the liability back to you, you need to go elsewhere.  That should be an enormous red flag that these so called background check experts may not actually be in the business of providing accurate background checks.
When you conduct pre employment screening, your business can be held liable for the information that you find. In particular, if a potential candidate is declined employment based off of those findings, they can come back at you and your business.
If a potential job candidate feels like they were wrongfully declined, they have the option to contest the check, and bring potential litigation against your business if the pre employment screening was proven to contain misinformation.
When you contract background check experts, you push this liability back to them. They are now responsible for providing you accurate and timely employee background checks. If for some reason there is determined to be erroneous information, the liability is with the background check experts and not with you.
Employee background checks are not always accurate. It is in how the errors are resolved and how the potential candidate feels they are treated in the process that determines how likely they will be to start litigation against you.
To purchase Pre-Employment Screening Services or for more information on background check experts, background checks, criminal background checks, employee background checks or pre employment screening contact us at the background check company or call 1.770.426.0547 

When you contract with reputable and experience background check experts, you should not have to worry that they will try and make your business liable for errors found on pre employment screening. They need to stand behind their work and the background checks that they generate for you. 

If for some reason, the background check company will not back their work, or pushes the liability back to you, you need to go elsewhere.  That should be an enormous red flag that these so called background check experts may not actually be in the business of providing accurate background checks.

When you conduct pre employment screening, your business can be held liable for the information that you find. In particular, if a potential candidate is declined employment based off of those findings, they can come back at you and your business.

If a potential job candidate feels like they were wrongfully declined, they have the option to contest the check, and bring potential litigation against your business if the pre employment screening was proven to contain misinformation.

When you contract background check experts, you push this liability back to them. They are now responsible for providing you accurate and timely employee background checks. If for some reason there is determined to be erroneous information, the liability is with the background check experts and not with you.

Employee background checks are not always accurate. It is in how the errors are resolved and how the potential candidate feels they are treated in the process that determines how likely they will be to start litigation against you.

To purchase Pre-Employment Screening Services or for more information on background check experts, background checks, criminal background checks, employee background checks or pre employment screening contact us at the background check company or call 1.770.426.0547 

 

Creating a Cash Overage- Internal Theft

 It was by chance that we discovered our latest internal theft case. We had just received a shipment of a particular new product. A few days later, we were out of stock on that item, but we didn’t see the sales we should have on it.
After beginning to review the journal tape, we noticed that at the end of the day there had been several voided cash transactions. Many of which had involved this new item. When we started to suspect internal theft, we began to review journal tapes from other days. 
We noticed a pattern. A particular closing manager would have several cash transactions voided out just before store closing. Some of the transactions were ones that had occurred earlier in the day before she even got to work.
We watched video from the cash office during her closing shifts and discovered that she would take money out of the tills and put it in her purse.
She admitted that she would search the journal tapes for cash transactions and then post void them out. She would take that dollar amount in cash for herself-, which is why there wasn’t a cash shortage. Because the customer was leaving with the merchandise the shortage came from the inventory losses.
In essence she had eliminated the sales causing the inventory to leave the store unaccounted for. Because the sales were originally paid for in cash, the transaction void caused unaccounted for cash in the register. The employee took the cash for her own thinking that she had eliminated the trail to her employee theft.
For more information on employee theft, employee theft investigation or internal theft contact us or call 1.770.426.0547 – Atlanta Georgia
Visit the Loss Prevention Store to purchase CCTV Systems that can help you stop Employee Theft and Internal Theft problems and help with your Employee Theft Investigation.

 It was by chance that we discovered our latest internal theft case. We had just received a shipment of a particular new product. A few days later, we were out of stock on that item, but we didn’t see the sales we should have on it.

After beginning to review the journal tape, we noticed that at the end of the day there had been several voided cash transactions. Many of which had involved this new item. When we started to suspect internal theft, we began to review journal tapes from other days. 

 We noticed a pattern. A particular closing manager would have several cash transactions voided out just before store closing. Some of the transactions were ones that had occurred earlier in the day before she even got to work.

 We watched video from the cash office during her closing shifts and discovered that she would take money out of the tills and put it in her purse.

 She admitted that she would search the journal tapes for cash transactions and then post void them out. She would take that dollar amount in cash for herself-, which is why there wasn’t a cash shortage. Because the customer was leaving with the merchandise the shortage came from the inventory losses.

 In essence she had eliminated the sales causing the inventory to leave the store unaccounted for. Because the sales were originally paid for in cash, the transaction void caused unaccounted for cash in the register. The employee took the cash for her own thinking that she had eliminated the trail to her employee theft.

 For more information on employee theft, employee theft investigation or internal theft contact us or call 1.770.426.0547 – Atlanta Georgia

Visit the Loss Prevention Store to purchase CCTV Systems that can help you stop Employee Theft and Internal Theft problems and help with your Employee Theft Investigation.