Free Loss Prevention Calculator-3 WC Blog 257
Can Loss Prevention be Free?-4
Loss Prevention ROI Calculator-3
Purchasing A Checkpoint System Offers A Return On Investment; See How Much By Using The Free Loss Prevention Calculator
As a manager and trainer, I have invested a lot of time training employees so that they are successful. Whether I was training a Loss Prevention Associate how to properly conduct a surveillance of a suspected shoplifter or if I am training a student worker in the college library on the proper method of shelving books there is an expected return on investment, the investment of time spent training. With a Loss Prevention Associate I expected he or she would be able to identify a shoplifter, maintain proper surveillance through the store, use sound judgement in making an apprehension and not make a bad stop. I expect a student employee, when trained, to put books where they belong, in the proper order they belong in and straighten shelves as they work. The return on investment in the case of the Loss Prevention Associate is that merchandise is recovered, apprehensions are made, shortage stays low and there are no lawsuits because all stops were handled within company guidelines. A student employee that puts books away properly makes it easier for library patrons to find what they need quickly in order to write papers and conduct research. When it comes to Loss Prevention, specifically Checkpoint Security equipment, the Free Loss Prevention Calculator makes it possible to see what your return on investment would be if you invested in Loss Prevention equipment. In fact, after you use the Loss Prevention ROI Calculator you may ask, “Can Loss Prevention Be Free?”
The Free Loss Prevention Calculator is a tool designed to allow retail owners and managers see approximately what their shortage dollars would look like at an average of 1.2% shrinkage based on the annual sales of the store. It also shows what the shortage dollars would be if electronic article surveillance (EAS) protection was installed in the business. The calculated results are immediate and clearly show what the return on investment would be if a Checkpoint System were purchased. To go one better, the Loss Prevention ROI calculator also shows the user how long it would take for a system to pay for itself. You read that correctly. In answer to the question, “Can Loss Prevention Be Free?” in the long term yes, it can be free. By investing in a system the savings resulting from reduction in shortage, over time offsets the cost of a Loss Prevention System.
So to be clear, the Return On Investment from purchasing a Checkpoint Security EAS System would be reduced shortage due to theft, and a system that can eventually pay for itself. There is another benefit I have not addressed that impacts the Return On Investment, improved sales. Checkpoint Security has the anti-theft devices that protect merchandise while still leaving it available on the salesfloor. There is no longer a need to lock up everything in a stockroom or behind a display case. Customers can pick up items, examine them, carry them around the store in a shopping cart and store owners can feel confident that the anti-theft protections will prevent dishonest costumers from shoplifting. Customers who do not have to wait for assistance to have someone unlock a display case are much more likely to make a purchase. As this happens then sales go up. The Loss Prevention Calculator may not show you what your sales increase will be, but it will certainly let you see the difference in shortage. Remember, if people are stealing merchandise it isn’t available for the honest customers so sales are negatively impacted. Conversly, if merchandise is available because it isn’t being stolen because of a Checkpoint System, it will be sold to the honest consumers.
Can Loss Prevention be free? It sure can and the Loss prevention ROI Calculator can give you a good idea on how quickly it could pay for itself. Why wait around any longer deciding if it is worth spending the money. Use the Free Loss Prevention Calculator and see for yourself. No calls and no strings attached, what have you got to lose?
Get more information on Loss Prevention ROI Calculator. Contact us or call 1.899.426.0547
today.
As a manager and trainer, I have invested a lot of time training employees so that they are successful. Whether I was training a Loss Prevention Associate how to properly conduct a surveillance of a suspected shoplifter or if I am training a student worker in the college library on the proper method of shelving books there is an expected return on investment, the investment of time spent training. With a Loss Prevention Associate I expected he or she would be able to identify a shoplifter, maintain proper surveillance through the store, use sound judgement in making an apprehension and not make a bad stop. I expect a student employee, when trained, to put books where they belong, in the proper order they belong in and straighten shelves as they work. The return on investment in the case of the Loss Prevention Associate is that merchandise is recovered, apprehensions are made, shortage stays low and there are no lawsuits because all stops were handled within company guidelines. A student employee that puts books away properly makes it easier for library patrons to find what they need quickly in order to write papers and conduct research. When it comes to Loss Prevention, specifically Checkpoint Security equipment, the Free Loss Prevention Calculator makes it possible to see what your return on investment would be if you invested in Loss Prevention equipment. In fact, after you use the Loss Prevention ROI Calculator you may ask, “Can Loss Prevention Be Free?”
The Free Loss Prevention Calculator is a tool designed to allow retail owners and managers see approximately what their shortage dollars would look like at an average of 1.2% shrinkage based on the annual sales of the store. It also shows what the shortage dollars would be if electronic article surveillance (EAS) protection was installed in the business. The calculated results are immediate and clearly show what the return on investment would be if a Checkpoint System were purchased. To go one better, the Loss Prevention ROI calculator also shows the user how long it would take for a system to pay for itself. You read that correctly. In answer to the question, “Can Loss Prevention Be Free?” in the long term yes, it can be free. By investing in a system the savings resulting from reduction in shortage, over time offsets the cost of a Loss Prevention System.
So to be clear, the Return On Investment from purchasing a Checkpoint Security EAS System would be reduced shortage due to theft, and a system that can eventually pay for itself. There is another benefit I have not addressed that impacts the Return On Investment, improved sales. Checkpoint Security has the anti-theft devices that protect merchandise while still leaving it available on the salesfloor. There is no longer a need to lock up everything in a stockroom or behind a display case. Customers can pick up items, examine them, carry them around the store in a shopping cart and store owners can feel confident that the anti-theft protections will prevent dishonest costumers from shoplifting. Customers who do not have to wait for assistance to have someone unlock a display case are much more likely to make a purchase. As this happens then sales go up. The Loss Prevention Calculator may not show you what your sales increase will be, but it will certainly let you see the difference in shortage. Remember, if people are stealing merchandise it isn’t available for the honest customers so sales are negatively impacted. Conversly, if merchandise is available because it isn’t being stolen because of a Checkpoint System, it will be sold to the honest consumers.
Can Loss Prevention be free? It sure can and the Loss prevention ROI Calculator can give you a good idea on how quickly it could pay for itself. Why wait around any longer deciding if it is worth spending the money. Use the Free Loss Prevention Calculator and see for yourself. No calls and no strings attached, what have you got to lose?
Get more information on Loss Prevention ROI Calculator, contact us or call 1.899.426.0547today.