When you guess at your inventory levels, stopping theft is actually only one part of your worries. You need to be concerned also with how your business capital is being spent and where that money is going. Before you start to look at electronic article security systems and other inventory security, you need to have an idea of what you have and what you are missing.
Accurate inventory is about making sure you have the right products at the right time. I had worked for a company that was spending money on inventory they thought they were missing, instead of on things the stores really did need. They said that they had to cut funds to other things because so much of their revenue was going to replenish the missing inventory.
What we later found out is that the company was spending too much money on inventory they thought they needed, but really didn’t. If they had conducted an inventory, they would have realized that the missing inventory was at another one of their locations as the result of a delivery error.
By inventorying all of their stores, they would have found the huge overage, instead of over ordering the product and wasting their money.
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