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Shrinking Shrinkage for Retailers
- By Oliver Walker
- Published 12/29/2011
- Home and Lifestyles
- Unrated
Oliver Walker
Business security companies continually strive to help companies protect their data with advanced technology including key card access systems and door intercom video.
View all articles by Oliver WalkerWhen you are in the retail industry, the last thing that you want to talk
about is shrinkage. Everybody knows that this is a bane to the industry and
accounts to more than 20 per cent of operating profits for some. It is estimated
that shrinkage costs the retail industry about $ 31 billion every year. For the
uninitiated, shrinkage refers to the losses due to theft, fraud, error, or even
a faulty process. While employee theft is a major cause for concern, other
reasons for shrinkage include shoplifting, retail pricing, damaged goods, and
even incorrect accounting. business security companies all
over the world are continually trying their best to get rid of problems in the
industry. Here are some systems that allow people to control shrinkage that
occurs from employee theft.
Key card access systems:
Doesn’t
matter if the company is large or small, a good key card access system helps to
simplify facility management. You can restrict and control access provided to
employees. And this control is indeed much better than security provided by key
based access. You can define the categories of employees who can enter the
different sections, and determine the type of access that can be provided.
Besides these you can also track attendance, and work timings. Reports can also
be generated and reviewed later. And if an employee has forgotten or lost his
card, special access can be provided and the old card deactivated. You can
choose from the simple key card access system to the complex bio metric finger
print types, and even the numeric PIN’s. For large enterprises, IP enabled
access control devices help to control large scale access systems in multiple
locations.
business
security camera systems:
Digital and analog surveillance cameras made
by top industry manufacturers help retailers monitor their employees at all
times. These can be strategically located to ensure maximum protection of goods.
The IP mega pixel range varies from 2 to 20, allowing for better picture
quality. You can also choose from the 160 degree to the 360 degree camera angle
that can capture up to 30 frames per second. There are various models, including
the indoor and outdoor ones to choose from. Besides monitoring employees, these
are also helpful in monitoring customer traffic, or store openings and closings
from remote locations. It can also be helpful in determining consumer interest
in a product, checking if your establishment is adequately staffed, and even
verifying item sales against the point of sales reports.
The author of this article is an expert providing solutions for business security companies and has suggested products including door intercom video and business security camera systems.
