Retailers offer essential products that Americans rely on daily, from groceries and meals to clothing, furniture, books, and party supplies. It’s crucial that they have comprehensive protection for their inventory and buildings.
SECURITY CHALLENGES FOR RETAILERS
At SA Smart Homes, understanding our clients means recognizing the unique security challenges faced by retailers. Here are some common security challenges that American retailers encounter:
- Inventory Shrinkage: Inventory shrinkage occurs when merchandise or stock goes missing. In the United States, it accounts for approximately 1.04% of annual sales. Of this, 43% is due to external theft, 33% to internal theft, 20% to paperwork errors, and 4% to vendor fraud.
- Management of Access: Retailers need a system that provides employees and contractors with easy access to various rooms and warehouses while restricting access to unauthorized individuals.
- Protection of Assets: It’s essential for retailers to safeguard their buildings, inventory, equipment, and sensitive data against theft, vandalism, and fires.
- Employee Accountability: Retailers employ many full-time and part-time staff. They need a system that helps employees stay accountable to their responsibilities and reduces the risk of internal theft.
- Retail Growth and Change: Security systems must be adaptable to accommodate the growth and changing needs of retailers.