ELECTRONIC ARTICLE SURVEILLANCE SYSTEM ARE THE HIGHEST QUALITY THEFT DETERRENCE SYSTEM IN RETAILERS!

ELECTRONIC ARTICLE SURVEILLANCE SYSTEM ARE THE HIGHEST QUALITY THEFT DETERRENCE SYSTEM IN RETAILERS! 
 ELECTRONIC ARTICLE SURVEILLANCE -3                                                                     ML Blog 02
  STOP SHOPLIFTING- 4
        With 12 years of Loss Prevention experience, I’ve seen it ALL.  In today’s world of fast paced technology, there is a plethora of possibilities for preventing theft. I have been lucky enough to work with a majority of them. This has helped me gain extensive knowledge on what truly works to stop shoplifting in retailers. 
        When I’m traveling to complete store visits, I am surprised on how many retailers are still using outdated merchandise protection standards in their stores. This allows shoplifters to continue to drain profits each year. During these visits, I meet with the store managers and always ask to see their 3 year shrink trend. I am consistently seeing out dated merchandise protection devices in the stores who are constantly trending high in shrink each year. I explain to the store managers that if they are losing money each year, then it’s time to think about trying a system that has been known to positively impact shrink in retailers. Out with the old, in with the new!  I visited a store manager who ran a 20 million dollar per year location. His shrink was trending higher each year, and his last shrink number consisted of $238k. We went over his Shrink Action Plan for the store to stop shoplifting and increase profits for the following year. The plan had good “reasoning” to it, but were the actions they had listed to be executed really impactful to reduce shrink the following year? Absolutely not. 
        The store was doing the same actions each year and stuck in repetition. The numbers were rising showing that the plan was not working. This location was still utilizing an “ink tag” system, and could not remember the last time they updated any of their merchandise protection standards. They did not realize all the new technology that was now available to retailers.  I explained to the store manager about investing in an Electronic Article Surveillance System and how this would increase sales, protect high dollar merchandise, and improve shelf availability for the shoppers. They would finally be able to stop shoplifting and change how they were doing things. We created a new plan and were able to get approval to receive an Electronic Article Surveillance System for the store. The security labels for the system were an easy transition for the store.  They could be placed not only on high dollar clothing, but also on bedding, footwear, food products, and even electronics. Based on the feedback I received, the store was extremely surprised on how the alarm was easy to respond to. They couldn’t believe how many times the alarm would stop shoplifting right before their eyes. Before this, they had no way of really tracking how much merchandise was going straight out the door!  It was very exciting to hear the positive feedback, but without seeing the numbers after the following inventory we would not know how effective the new system truly would be. I needed to see what the shrink number would be after making the change to the new Electronic Article Surveillance System. 
        After inventory was completed, the store’s final numbers came in at just $62k, an estimated gain of $176k! This was the first year this store had a reduction in almost 4 years. The store was finally able to break their shrink trend! The store has been off the Shrink Focus list ever since that year, and anytime we see a store with outdated Security Systems, we try out best to show them what really works.  
Get more information on the Electronic Article Surveillance System, contact us or call 1.770.426.0547 today. 

With 12 years of Loss Prevention experience, I’ve seen it ALL.  In today’s world of fast paced technology, there is a plethora of possibilities for preventing theft. I have been lucky enough to work with a majority of them. This has helped me gain extensive knowledge on what truly works to stop shoplifting in retailers. 
       

When I’m traveling to complete store visits, I am surprised on how many retailers are still using outdated merchandise protection standards in their stores. This allows shoplifters to continue to drain profits each year. During these visits, I meet with the store managers and always ask to see their 3 year shrink trend. I am consistently seeing out dated merchandise protection devices in the stores who are constantly trending high in shrink each year. I explain to the store managers that if they are losing money each year, then it’s time to think about trying a system that has been known to positively impact shrink in retailers. Out with the old, in with the new!  I visited a store manager who ran a 20 million dollar per year location. His shrink was trending higher each year, and his last shrink number consisted of $238k. We went over his Shrink Action Plan for the store to stop shoplifting and increase profits for the following year. The plan had good “reasoning” to it, but were the actions they had listed to be executed really impactful to reduce shrink the following year? Absolutely not. 
       

The store was doing the same actions each year and stuck in repetition. The numbers were rising showing that the plan was not working. This location was still utilizing an “ink tag” system, and could not remember the last time they updated any of their merchandise protection standards. They did not realize all the new technology that was now available to retailers.  I explained to the store manager about investing in an Electronic Article Surveillance System and how this would increase sales, protect high dollar merchandise, and improve shelf availability for the shoppers. They would finally be able to stop shoplifting and change how they were doing things. We created a new plan and were able to get approval to receive an Electronic Article Surveillance System for the store. The security labels for the system were an easy transition for the store.  They could be placed not only on high dollar clothing, but also on bedding, footwear, food products, and even electronics. Based on the feedback I received, the store was extremely surprised on how the alarm was easy to respond to. They couldn’t believe how many times the alarm would stop shoplifting right before their eyes. Before this, they had no way of really tracking how much merchandise was going straight out the door!  It was very exciting to hear the positive feedback, but without seeing the numbers after the following inventory we would not know how effective the new system truly would be. I needed to see what the shrink number would be after making the change to the new Electronic Article Surveillance System. 
       

After inventory was completed, the store’s final numbers came in at just $62k, an estimated gain of $176k! This was the first year this store had a reduction in almost 4 years. The store was finally able to break their shrink trend! The store has been off the Shrink Focus list ever since that year, and anytime we see a store with outdated Security Systems, we try out best to show them what really works.  

 

Get more information on the Electronic Article Surveillance System, contact us or call 1.770.426.0547 today.