Retail theft prevention involves a fair amount of auditing. It is the formal check and balance to make sure your processes are being followed through. If your processes are accurate, then you can move on to step two. Step two is deciding if your retail theft prevention is actually working.
So how do you really find the pulse of you’re anti shoplifting activity? Is there a way to determine prior to an inventory where you are shrinking, and where your shrink is decreasing?
Yes, try running counts on your inventory. If you previously lost significant quantities of item #1234, start counting item #1234 every day. Check it against your on hands and see what comes up.
If your anti shoplifting program is working, you should have accurate counts.
If the count of what you physically can find does not match what your inventory should be, then you have a problem. By tracking these daily counts, you can determine a few things.
Is the frequency that you are missing product decreasing or increasing? Are your counts off after a shipment? Is there a specific day of the week that you are coming up short?
The answers will help you narrow down not only whether your programs work, but will give you the beat on what to do next.
Visit the Loss Prevention Store to purchase retail anti theft 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 Security System, Checkpoint Security Tags, or Checkpoint Labels and how they can work with your Electronic Article Surveillance or EAS system contact us at Retail theft prevention or call 1.770.426.0547