How do you improve your business and protect retail profits?
Are you engaged in a retail business such as convenience store, department store, supermarket, mall, grocery, and the like? Can you track if an item is stolen or are you just letting the security camera and those large mirrors do the protection for you? Ho do you deal with retail theft?
Installing a CCTV camera at your store is fine but monitoring of possible loss through it can be tedious and inaccurate. You need someone to man the video room and make sure that he focuses on the monitor and the CCTVs so that none is missed. As a businessman you need to protect your profits by reducing shoplifting, vendor fraud and by maintaining inventory accuracy but how do you do that?
One way to ensure retail security is by installing tags on your merchandise. Tagging means installing security labels on your items. This is an economical theft deterrent and may come with or without a barcode. Some tags can be reused like hard tags while labels or soft tags cannot be reused.
Soft tags or labels are commonly attached to light and small items like cosmetics, socks, canned goods, beverages and others. Hard tags are usually used for intimate shoes, clothing, bags and other large items. You can also use lanyard tags for delicate fabrics so that you can avoid damage.
We discussed about tags, the tags above can only be effective in partnership with anti-theft sensors. These retail sensors are commonly installed at the entrance and exit of your store. The sensor will send an alarm whenever someone tries to leave the store with your item.
Perhaps you have seen some stores with pedestals installed in their store like Zara and Oakley. These pedestals are actually not just store designs but they are retail security solutions placed to deter retail theft.
Dozens upon dozens of people comes in and out of your store every day. Do you know that you can actually use this data to improve your business? The store is full of valuable information that can help reduce shrink, improve shopper conversion, and ultimately increase your profits. But it can be difficult to gather this information without the right tools. You need to install something that can monitor, measure and manage the information so that it can help you improve your store operations and increase your profits.
We have discussed about getting valuable information from your store traffic, how about having the ability to know what items are on demand and what items are just sitting in at your store shelf? Managing your inventory properly will ensure customers buy instead of walking out of the door frustrated. Accuracy in your inventory is key to a successful retail business.
Installing a reliable inventory intelligence will help you gain item-level visibility into all your merchandise from receiving to checkout . It can help you:
- Get up to 99% inventory accuracy
- Reduce—if not eliminate—out-of-stocks and over stocks
- Perform faster, more frequent and more accurate inventory counts
- Keep omni-channel customers satisfied and coming back time and time again
This is where our retail solutions comes into play. Tyco Retail Solutions‘ brand Sensormatic is now in the Philippines and distributed by Mustard Seed Systems Corporation. Our innovative solutions will ensure that your store is protected and that you have the valuable information to make decisions beneficial to your business.
If you are interested just CONTACT US and we are ready to sit and talk with you to help you design, install, maintain and upgrade retail solutions for your store. Our solutions are available across all retail sectors, from department stores and specialty stores to food purveyors, DIY and mass merchants, no other provider can offer the breadth and scope of solutions and services like Tyco’s Retail Solutions.
Sensormatic and Tyco continue to help protect over three billion products available at leading international, regional and local consumer outlets, from national chains to specialty stores. More than 80 percent of the world’s top 200 retailers rely on Tyco for store performance solutions and security services.
If you have any retail issue just connect with us or comment on this article. Our goal is to help your business grow.