SecurityBIS’ Post

📦Effective inventory management is the backbone of success for any retail business. One of the main benefits we see for businesses using Tory RFID is fraud prevention. 💳 Employee theft and shoplifting are significant concerns for retailers, and stock takes play a vital role in fraud prevention. Regularly reconciling your inventory can help identify discrepancies or missing items, making it easier to detect and address potential theft or losses – but doing that manually takes time. ⏰🕵️♂️ That’s where we can help – see the link below for more. 🔗🛍️ https://lnkd.in/eMpP4Ghu #InventoryManagement #RFIDTechnology #FraudPrevention

Here is why more tags equals greater theft reduction. And yet, many choose not to benefit from them fully. The cause of inventory discrepancies? Often, it's shoplifting. A simple, cost-effective way to deter theft? More visible security tags. Here's why they work: ↳ Increase the risks (of being caught) ↳ Reduce the rewards (of the stolen item) ↳ Increase the effort (of manipulating the tag) Studies show more visible tags lead to significant reductions in theft. Don't let shoplifting be a silent killer for any business. Let's chat on how you can help your retail customer find the right balance between security and customer experience. ------------------------------ Jesse Blok I help driving growth for security companies with a focus on retail. #retailsecurity #lossprevention #shrinkage #retailtips #customerexperience #shoplifting

There are so many issues that retailers are grappling with at the moment - supply chain issues, sustainability concerns, staff shortages. The list goes on. And somewhere when often chatting with retailers about their key concerns, the topic always comes up about the challenges of shrinkage and theft and managing security in a busy retail world.   Like my colleague and safari co host Sharon Yourell Lawlor BBS I wasn't well informed enough about many of the solutions and solutions provided to help retailers deal with these issues. So, it was a pleasure when we met Sarah Lenihan one of the Verkada team in London at the recent Retail Technology Show, and how she shared how technology is empowering retailers to take back control in this space.    With the emergence of technologies and AI enabled tools, supporting active loss prevention strategies and enabling action in real time, this is a fascinating area in which AI is really evolving retail security, tackling shrinkage and enabling the retailer to respond more effectively to the industry issue. What's interesting is that chances are you've already visited a retail store using Verkada's security technology, you just didn't know or notice it. Check out Verkada's ebook on retail security and loss prevention measures, free to download in the retail section on their website. https://lnkd.in/eRJpCne9 And if you want to learn more, this is one of the many topics we will touch on when we host a London Retail Safari on the 12th June, which looks at the needs of both the modern shopper and retailer. Interested to know more please do drop myself or Sharon a DM. Also please do connect with Sarah if you want to know more about Verkadas one platform solution!

More people are using cash for purchases, saving retailers money on card fees but increasing security risks. To improve security, retailers can use strategies like keeping cash visible to deter crime and reducing the amount of cash on hand to lower the risk of robbery. https://bit.ly/4axbW4r #retail #cashsecurity #cashmanagement

🛡️🛍️ "Reducing Losses: How RFID Prevents Theft and Counterfeiting in Retail" 🛡️🛍️ Inventory Mastery: RFID gives every item a digital ID, making it impossible for merchandise to pull a disappearing act. Say hello to seamless inventory management. Authenticity Assurance: No more playing detective. RFID tags sniff out counterfeit products with ease, saving retailers the headache of dealing with knock-offs. Thief Deterrent: Sticky fingers beware! RFID is the ultimate bouncer, ensuring that only paid items leave the premises. Theft just got a whole lot riskier. Real-Time Surveillance: It's like having eyes in the back of your store. RFID monitors your inventory 24/7, so there's no sneaky business going unnoticed. Loss Prevention MVP: With RFID on your team, losses take a backseat. It's the frontline defense every retailer needs against theft and counterfeit woes. RFID isn't just a technology; it's a game changer for retail inventory, checkout and security. 💼✨ #RFID #RetailTech #LossPrevention #InventoryManagement #CounterfeitDetection #RetailSecurity #AssetTracking #StopTheft #AuthenticityVerification #SupplyChainSecurity

Theft is becoming a bigger and bigger issue in retail, and "...64% of large retailers in the United Kingdom and the United States agree that the impact of theft has reached a 'crisis point.'" To solve this, many are looking toward digital solutions, with 76% of retail leaders reporting that they either currently use or are planning to use RFID technology within the next two years. Theft causes billions of dollars in loss yearly for businesses, and this "crisis point" that businesses have hit require swift action. @Smart Label Solutions (SLS) is ready to help businesses take swift action ... let us know how we can help! #RFID #Retail #Theft

Today, everyone wants to ensure that everything we have is secure. We want our personal data secure, all of our accounts secure, and just an overall feeling of security. Retailers want the same for their stores. But, how can retailers tackle the problem of shrink to achieve security? The fact is that there is not one solution that remedies this, but a combination of multiple solutions to solve this complex challenge. Read this article from NCR Voyix to find out more about how to secure your self-checkout: https://lnkd.in/ejtCVdXX #securecheckout #retail #shrink #lossprevention

Increasing numbers of retailers are reporting record losses. It’s triggering alarm bells everywhere. 🚨 Recent news stories about theft, fraud and organised retail crime may have convinced you too that this is a problem you need to be focusing your attention on. But wait! Before you go all out on seemingly essential loss prevention efforts, take a few minutes to consider why most prevention processes are counterintuitive – and why doubling down on loss detection instead might prove to be a better move. In this blog, Zebra’s Vice President & General Manager of Advanced Location Technologies, Brent Brown, makes the case for ‘loss prevention’ being an outdated notion. Why? Because it invariably introduces friction into the modern, convenient shopping experience most retailers are striving to offer their customers. 💡 Instead, he argues, loss detection initiatives deliver all the insights and data you need to know exactly when, where, and why losses are happening – and if they’re actually ‘losses’ at all. ➡ Intrigued? Want to protect your retail business in the best possible way? Check out Brent’s blog here: https://lnkd.in/etvgJuGZ #Retail #RFID #ZebraEmployee

Just as inventory shrinkage has a variety of sources, there are multiple methods retailers can prioritize to raise their security IQ and heighten loss prevention. https://lnkd.in/e9FCCUWH