The best way that I have found to stop inventory discrepancies is to understand the three ways to shrink, or lose, merchandise. They are employee theft, shoplifting and operational breakdowns. Once you have a way to define your losses, you can start to find ways to stop shoplifting to decrease those losses.
If you look at where most losses come from, it will probably be from theft. Having a good retail theft prevention product like the Checkpoint Systems will positively impact your losses from shoplifting and employee theft.
If you can measure it, you can manage it. Ask yourself where you fall when you look at your financials? Are you in the positive, or are you having deficits? If there is a shortfall, is it because you are experiencing discrepancies with your perpetual inventory?
If so, there are a few options you should be aware of, especially if you are having issues due to a lack of anti-shoplifting tools.
With the addition of Checkpoint systems, retail theft prevention will quickly fall into place. Shoplifters know not to mess with the system, and your employees know they can no longer mess with you.
Keep in mind that it has been statistically proven that installing Checkpoint systems inside your retail establishment will significantly reduce your inventory losses.
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
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