Does your business need professional support to prevent ongoing theft, losses and scams? In the retail world, shrinkage, or shrink, is the term used to describe a reduction in inventory due to shoplifting, employee theft, paperwork errors or supplier fraud.
The common misconception is that retailers absorb shrinkage as part of the cost of doing business. While retailers have to factor loss into their bottom lines, it's a costly problem for all. The average shrink percentage in the retail industry is about 2 percent of sales. While that may not sound like a lot, consider that shrinkage cost retailers more than $44 billion in losses in 2014.
Successful retailers must take reasonable steps to prevent shoplifting and remain successful. The more effective these measures are, the more likely the retailer will be able to deliver product to their customers at the lowest possible price and improve their profitability and competitiveness in the market place.
Why should your business be a victim? With professional help your business won't have to suffer from loss, AFDF Security's professional security officers will provide you with the following:
Maintaining a constant security presence at the entrance
Performing store patrols
Observing and preventing shoplifters, and
For more information and professional advise contact us today to speak with our experts Contact us to speak to one of our friendly experts. Consultation and quotes are free of charge.