The Next Generation In Retail Loss Prevention
White Paper: The Next Generation In Retail Loss Prevention
By Checkpoint Systems, Inc.
A new generation of loss-prevention systems is needed to help retailers better safeguard their merchandise, without disrupting consumer behavior. These new systems not only must detect theft and help stop merchandise from literally walking out the door, but actually prevent the attempted theft in the fi rst place through a sophisticated set of data analytics tied to everything from inventory management, store traffi c patterns, employee staffi ng levels to backoffi ce accounting and customer records systems.
Forward-thinking retailers are seeking new ways to integrate data from their LP systems with other back-offi ce applications to make smarter decisions in deterring theft.
Integrating data from LP systems with data from such other applications as inventory management, staffi ng, cost accounting, and shipping and receiving, is becoming an absolute requirement for store operations managers. Let's take the example of an electronics retailer looking to fi nd sources of increased shrink: The manager can take shrink numbers for the past 30 days and map those against the times when certain merchandise was delivered to the loading dock and what the security staffi ng levels were at that time.
Checkpoint Systems is the leading supplier of shrink management solutions. Checkpoint's global team partners with retailers and their suppliers to fi ght the $98 billion global retail theft challenge. Leveraging its 40 years of RF technology expertise, expanding shrink management offerings and Check-Net labeling solutions, Checkpoint today has more than one million RF devices installed in stores around the world. Over 100 billion products to date have been secured by Checkpoint, creating cost-effective deterrence for the retail industry. Checkpoint's highly scalable solutions and systems-integration expertise help a growing community of successful retailers increase revenues and profi ts, improve supply-chain effi ciencies and provide an open-merchandising environment for their consumers.
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White Paper: The Next Generation In Retail Loss Prevention