Learn How Loss Prevention Pays For Itself With The Loss Prevention ROI Calculator
Is there a vehicle calculator comparable to the Free Loss Prevention Calculator? Unfortunately the answer seems to be a resounding no. I have been experiencing a number of car breakdowns recently so I started browsing car dealerships on the internet. I have been looking for a vehicle I can afford but it has been a fruitless effort so far. I look for transportation that will give me plenty of room for my family, comfort, decent mileage and of course a royal blue would make my wife very happy. Oh, I also want at least a couple of years left on the manufacturer’s warranty. Not too much to ask for in my mind, I know what I need/want in terms of reliability and travel requirements. As I find a car that seems to match my needs I use the dealership’s financing calculator to see that I am probably not going to be able to afford that vehicle. I think if that little chat box with a picture of a representative could see what I was doing rather than asking if it could help me, it would laugh and tell me to keep dreaming. So, I enter my information in their calculator and find that not only is the vehicle not going to pay for itself it would cost a LOT more than I can afford. Too bad those payment calculators aren’t like the Loss Prevention ROI Calculator.
Most of you are thinking I’ve lost my mind. How could I ever expect a vehicle to pay for itself over time that is a ludicrous idea? I would agree and I recognize that a car loses value over time and with use. What you would be surprised to learn as a retail manager or store owner is that a loss prevention security system from Sensormatic CAN pay for itself over time. It is an investment that will reduce your losses incurred from shoplifting and internal employee theft. Loss Prevention Systems, Inc. (LPSI) founder Bill Bregar has been a crusader against retail theft since he started his company in 1983. Relying on his military, educational and Loss Prevention experiences (he just happened to hold the Director of Loss Prevention position for several national retailers) he began helping retailers reduce shortage and improve profits. One indispensable tool in the Loss Prevention toolbox is an anti-theft system. Unfortunately many business owners hold the misconception that their store is too small to be able to install a system or it is beyond their budget. Bill wanted to be able to demonstrate that a system is within reach and created the Free Loss Prevention Calculator. With a quick visit to the LPSI website and a click of the “ROI Calc.” tab a store owner is taken to the calculator. No registering, no signing in simply enter the estimated annual sales of your store and how much you would want to invest in a Sensormatic system and the Loss Prevention ROI calculator figures your stores estimated shrink losses in dollars based on an average of 1.2%. It estimates the reduction in shortage from 1.2% to .65% a conservative estimate as some owners will see even better results. The monthly cost of the electronic article surveillance system is displayed but so is the best part, the estimated number of months it will take for the system to pay for itself!
You read that correctly, The Free Loss Prevention Calculator shows you how long it will take for a Sensormatic system to pay for itself in reduced shortage. After that it becomes profit! I don’t have that luxury with a car financing calculator. Nothing about that deal says I am going to start profiting from my investment. All I get is that I am going to pay out the ear for 5 or 6 years on something that is going to devalue over that span. Maybe these car dealers need to sell me an ice cream truck then they could use their own version of the Loss Prevention ROI Calculator and tell me how long before my truck profits me.
In conclusion I want to let store owners and managers know that while a Loss Prevention System is an important part of theft prevention it should be part of a more comprehensive theft prevention program. LPSI would be happy to take a look at your business and help assess risks and develop a strategy that will ensure you have an edge over your competition. Can Loss Prevention be free? You bet it can be and LPSI can show you how.
Get more information on the Free Loss Prevention Calculator, contact us or call 1.866.914.2567 today.