Innovative Business Analytics
Criminals impact every organization, no matter its size - from small start-ups to large enterprises, employee theft is unfortunately a problem across the retail industry. If loss prevention associates are spread thin across your team, the right business analytics tool can help mitigate your losses due to untrustworthy employees behind the cash register. Securitas Technology has evolved shrinkage control in retail via an innovative combination of exception-based reporting and video surveillance. We’ll work with you to design and implement a reliable shrinkage control and loss prevention system so you can focus on what matters most: running your business.
Retail Loss, By the Numbers
in estimated losses from internal theft in 2019*
total recorded losses due to retail crime in 2019*
of all shrinkage is due to internal theft**
*sourced from The Retail Crime Survey issued by the British Retail Consortium in March 2020
**sourced from The Centre for Retail Research 2019
Our Business Intelligence Software
TRENDS combines video surveillance and exception-based reporting to help corporate executives and regional loss prevention teams protect their assets. As one of the most robust intelligence solutions on the market, our cloud-based software provides accounting and video evidence to help increase apprehensions and reduce broken processes.
The Advantages of a Shrinkage Control & Loss Prevention System
Make Decisions
TRENDS helps executives make better decisions through easy-to-use dashboard reporting.
Catch Thieves
Uncover broken processes and increase the chances of catching employees who steal.
Decrease Expenses
Decrease operating expenses across your entire business through greater flexibility and efficiency.
Experts in Shrinkage Control and Loss Prevention Systems
As with any tailored solution, there is no “one size fits all” system. Customer requirements, physical building attributes and assets can all change how our security experts will approach designing your security system. Whether your institution has an existing system already in place or you need to start from scratch, our experts will work with your in-house teams to ensure your needs are met and you have a fully integrated system.
Finding the right product for your business requires an in-depth understanding of the needs of your organization. Our security experts will work closely with you to learn your specific requirements and will consider your needs for scalability, functionality, features and any special requirements before proposing the most cost-effective solution.
Our knowledgable, certified security professionals have worked with clients ranging from local stores and small retail chains to Fortune 500 companies and government agencies. This range of expertise across industries gives us the experience needed to identify security issues for any type of facility, and recommend effective solutions.
As with any tailored solution, there is no “one size fits all” system. Customer requirements, physical building attributes and assets can all change how our security experts will approach designing your security system. Whether your institution has an existing system already in place or you need to start from scratch, our experts will work with your in-house teams to ensure your needs are met and you have a fully integrated system.
Finding the right product for your business requires an in-depth understanding of the needs of your organization. Our security experts will work closely with you to learn your specific requirements and will consider your needs for scalability, functionality, features and any special requirements before proposing the most cost-effective solution.
Our knowledgable, certified security professionals have worked with clients ranging from local stores and small retail chains to Fortune 500 companies and government agencies. This range of expertise across industries gives us the experience needed to identify security issues for any type of facility, and recommend effective solutions.
Our Shrinkage Control & Loss Prevention Insights
FAQs
“Shrinkage” is used in the retail industry to describe inventory loss and theft, including employee theft, shoplifting and even paperwork errors.
Loss prevention is the process undertaken by businesses to avoid large losses in profit caused by theft, fraud or human error.
Your business is your livelihood - therefore, any threat to your business is a threat to your livelihood. Unfortunately, no business is immune from internal threats, making a loss prevention system essential to your security.