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Hard tags reduce shrinkage sensors tags EAS system Retail shrinkage
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Prepared by :
Sudhir Mehrotra
Retail Security Systems
Retail Shrinkage
Shrinkage is a part of the business no one likes to talk about. However, shrinkage plays a huge part in every retailer's business.
Retail shrinkage is the portion of your inventory that gets lost or stolen. Your shrinkage rate is expressed as a percentage based on the value of lost inventory divided by sales during the same period. Keeping your shrinkage rate low is critical to success in business.
Indian retail has highest rate of shrinkage
As per a study by “Global Retail Theft Barometer”, retail
shrinkage in India continues to rank the world’s highest at
2.7%. Indian retail lost Rs 9,295.9 crore to shoplifting and
theft during the one year period ending June, 2012.
The annual survey was conducted by the Centre for Retail
Research in Nottingham, UK. In India, 47.3% of retail
shrinkage was due to shoplifting and 26.4% due to employee
theft. The highest rate of shrinkage was seen in apparels.
As per the study, the lowest rate of shrinkage was witnessed
in Taiwan, at 0.87% of retail sales, whereas the average rate
in the Asia-Pacific region was 1.16%.
The key drivers
• Unemployment claims during a recession is
associated with an increase in shoplifting.
• Shoplifting tends to rise amid high inflation
as goods are priced out of consumers’
reach.
• Theft by the employee working in the retail
outlet.
• Persons between the ages of 15 and 24
represented the highest share in Shoplifting
to fulfill there goal.
Spot the Shoplifter
• Wears bulky, heavy clothing during warm weather .
• Takes several items into dressing room and only leaves with one item.
• Seems nervous and possibly picks up random items with no interest.
• Frequently enters store and never makes a purchase.
• Enters dressing room with merchandise and exits with none.
• Spends more time watching the sales clerk than actually shopping.
• Large group entering the store at one time. A member of the group
causes a disturbance to distract sales staff.
Retail Shrinkage Prevention
Usage of cctv to have close watch on customers.
Checking of staff.
Security staff at the entrance of the gate.
Customer baggage check by security staff
Issue of token for the baggage.
Installation of EAS system
EAS system technology
Electronic article surveillance (EAS) is a technological method for the prevention of shoplifting from the retail stores or pilferage of books from libraries. Special tags are fixed to merchandise or books. These tags are removed or deactivated by the clerks when the item is properly bought or checked out. At the exits of the store, a detection system sounds an alarm or otherwise alerts the staff when it senses active tags. For high-value goods that are to be manipulated by the patrons, wired alarm clips may be used instead of tags.
Types of EAS system
•Acousto-magnetic systems. •Radio-frequency systems. •Video surveillance systems •Magnetic systems
Radio frequency system includes:
ANTENNA
HARDTAGS
DETACHER
Radio-frequency systems.
ANTENNA
The characteristics of the system ANTENNA: Plug-n-play installation Sturdy tubular pedestal design Built-in audio and visual alarms Tags-to-close notification Compatible with all 8.2Mhz using
multiple pedestals Designed for easy installation
and operation
Hard tags(EAS)
Hard tags are made with best-in-class design practices for exceptional detection performance, durability, ease-of-use, appearance, and defeat resistance. Hard tags are available in a variety of styles for use in protecting apparel of all types from delicate lingerie to coats and hats, as well as hard goods such as sports equipment, hardware, electronics, and others.
Detacher
Retail security offers various ranges of detachers applied for the reusable tags. Easily installed in cash counter or other necessary places, these are easy to use, very durable and reliable.
Characteristics .
Sturdy and durable
Easy to use and reliable
Mounting options
Detacher Locker options help prevent unauthorized unlocks.
For more detail please contact us ar :
Retail Security System Office No-12, 586/D,
Kalkaji, New Delhi-110019
Phone : + 91 11 26419240
Mobile : +91 95824 20290, 98109 48921
E-Mail [email protected]