When we think of loss prevention or retail security, we typically think that we have a need for clothing security to protect our inventory and merchandise from shoplifting. The sad reality is that a single dishonest employee can do more damage in a short period of time than some gangs of shoplifters can incur over an entire year.
Most retail statistics account for about forty percent of their inventory due to employee theft. That leaves sixty percent of your inventory losses coming from other sources. Don’t be so quick to think that the rest is from shoplifting either.
It is more realistic to think that only twenty percent of your shrink comes from shoplifting – maybe thirty, depending on your location and demographic. That means the other thirty to forty percent is left unaccounted for.
The last category would be operational errors. That means your inventory losses are from things like incorrect shipments, damages, or incorrect sales or return information.
Any way you look at it, the majority of losses can potentially be avoided by adding security tags on clothes. Checkpoint tags are one of the most reliable forms of clothing security tags, and a worthwhile investment to help reduce your inventory losses due to theft.
Visit the Loss Prevention Store to purchase Checkpoint Tags, a Clothing Alarm, Clothing Security or Clothing Security Tags to put Security Tags on Clothes and an Electronic Article Surveillance or EAS system.
For more information on Checkpoint tags, clothing security, clothing alarm, or clothing security tags how they can work with your Electronic Article Surveillance or EAS system contact us at security tags on clothes or call 1.866.914.2567