Reducing Inventory Shrink With Security Systems
As a business owner, one of the most important things you can do is ensure the safety of your product and reduce shrinkage. According to The Global Retail Theft Barometer, as published by the Center for Retail Research, North American retailers lose roughly $45 billion in inventory from shrinkage every year. Although it might not be realistic to reduce this number to $0 every year, the commercial security system Philadelphia uses has high hope toward preventing your business from being part of this statistic. Inventory shrink is more complicated than simple theft, although theft is included. Shrinkage includes customer theft, employee theft, breakage, returns, and lost product. The largest two contributors to this statistics, though, are employee theft and customer shoplifting. So how do you prevent this? Security cameras are a basic starting point. Having eyes on your store at all times is the first step toward catching thieves in action. Swipe...