I was in a local store yesterday getting some home improvement items and it seemed very hectic in the store. There weren’t a lot of customers, but it seemed like there were a lot of associates running around. I brought my items up to the counter and the lady seemed distracted. She greeted me and apologized saying they were doing inventory and things were a little crazy in the store. Being in the industry, I understand their struggles, as I have dealt with the same issues. I understand what it is like to see an item on the inventory and not be able to find it. I have experienced the situation where I am running around the store to various different departments looking for the item, sometimes never finding it. It is very frustrating not being able to locate an item that you have no record of selling. I remember a particular store I worked for, at the beginning of my career, which had a significant shrinkage rate. It always left me feeling dissatisfied with our security and our organizational skills. Granted we did locate some items in the wrong place or would find a sale we had missed, but in totality I knew we had a problem, and we needed to do something about it. I wasn’t quite sure how to rectify the situation, but I did know that our lack of security played a huge factor in our inventory control issues. The question was how do we stop shoplifting and reduce shrinkage? I did some research and discovered Checkpoint labels might be a solution to some of my theft issues.
Checkpoint labels provide a cost-efficient means to protect your merchandise and stop shoplifting. They come in various shapes and sizes and can affix to almost any item. Once affixed, they have a strong adhesive, which prevents their removal. These labels are equipped with EAS technology to alert store associates when a theft or breach occurs. The labels are easily deactivated at the time of sale and cannot be re-activated, which prevents false alarms, and improves customer satisfaction. Checkpoint labels can be conveniently printed in store to allow for quick and accurate protection. The printer/applicator can be used to print pricing, barcodes and branding information, creating a multi-faceted product that eliminates the need for multiple labels. This saves on cost and time, which saves your company money. These labels will reduce shrinkage and improve your inventory control issues.
I think it is important to share industry information because I hate to see small businesses struggle to both satisfy their customers, and ensure they are protecting their assets; thus improving their profit margins. Maybe some of these larger companies can afford some degree of loss and customer dissatisfaction, because the margin is insignificant compared to their profit margin. Although that may not be the case for those small businesses that are struggling to make a profit on a daily basis. Overhead and security cost money, but so do inefficiencies that promote shrinkage and negatively impact your inventory control. Not having the products available can cause customers to seek out other retail options, which is why it is important to protect yourself. Checkpoint labels can provide that added security you need to stop shoplifting and improve customer satisfaction and sales.
Need information on Checkpoint Labels? Give us a call at 1.770.426.0547 now.