Retail Loss Prevention 101: How to Secure Your Business
As a retail business owner, there are a few facts of life that one simply must accept. For example, it’s essential to equip your business with a security system because burglaries, theft, vandalism and shoplifting are always a threat to business. It’s unfortunate, but there’s no way around it.
The National Retail Federation’s 2016 National Retail Security Survey revealed that retailers’ inventory shrink equaled 1.38 percent of retail sales in 2015, or $45.2 billion, which is up by $1.2 billion from 2014.
The report also stated that 47% of retailers surveyed reported increases in overall inventory shrink in 2015. The survey shows that robberies continue to be a growing expense for retailers, costing an average of $8,180.17 per incident. The NRF reports that the rise in robberies in 2015 was driven by an increase in jewelry stores reporting extremely high average losses.
As the common phrase goes, “numbers never lie” and these statistics can’t be ignored. Luckily for retail business owners, professional security system providers offer a wide range of commercial security options. No matter how complex or sophisticated the threat to your business, professional security system providers can meet your needs and protect your business. Expertly installed systems can also be seamlessly integrated into other systems, such as fire and environment monitoring for maximum safety and security. We have listed brief descriptions of the different elements within a retail security system below.
Closed Circuit Video Monitoring
The most reliable professional security system providers offer the latest and most advanced video monitoring solutions on the market today. Whether you’re looking to safeguard the exterior of your facility or secure high-traffic areas in your building, companies like Supreme can customize video security solutions to meet your precise needs and requirements.
The main purpose of motion detection is to recognize an intruder and send an alert to the monitoring center and/or your mobile device. Sensors are primarily intended to work when you’re away from the location and security systems can be programmed to record events via camera when motion is detected.
Along with many other aspects of security, the technology behind glassbreak detectors has vastly improved recently. The sensors depend on audio technology, and in the past they could be triggered by essentially any high-pitched noise. Now, though, the audio sensors are more intricately programmed to strictly detect break-ins through glass doors and windows.
Entrances and windows can be protected with internal transceiver sensors that are focused on restricted areas. One can also have perimeter protection installed on a pre-existing structure like a fence or perimeter wall.
Video verification relies on the proven success of video surveillance by delivering video to a security company’s central monitoring station during an alarm event. This is a big step in security as it makes video available to the security company so that the operator can verify the alarm and improve police response.
Many retail managers find remote notification to be extremely useful. Fedway Associates Special Projects Manager David Kengere relies on Supreme for mobile security solutions. “The one thing I really like with Supreme is the fact that I signed up for the text messaging,” Kengere said. “So, every time the building is opened or closed, I get a text and I really like that.”