Shrink Management Solutions: How to Prevent Shrink

Shrink Management Solutions: How to Prevent Shrink

Retail shrink (otherwise known as shrinkage) is the percentage of your inventory that goes missing, gets damaged, or goes ‘off’. This is a big problem for retailers, as they are spending money on stock and not seeing a return. This loss can be due to shoplifting,...
How to Prevent Employee Theft in Retail

How to Prevent Employee Theft in Retail

One of the biggest contributing factors to retail shrink is employee theft. Employees often have access to very sensitive information and otherwise restricted areas, making theft “easy” to pull off. This can be detrimental to a retail business’s financials if it is...

EAS Tag vs RFID

Electronic Article Surveillance (EAS) systems create a field to protect goods leaving your store without evidence of a transaction, or without being deactivated at the checkout point (for example, at a library). There are multiple different types of items that can be...

Source Tagging Explained

Electronic Article Surveillance (EAS) security labels have been proven to significantly reduce retail shrink, thus resulting in increased profit. This is one of the many reasons why retailers should be implementing these systems into their own stores.  Source tagging...

RFID For Food Industry

In order to build a sustainable future, food retailers need to become more conscious of food waste – not just for the cost aspect, but also for the environmental impact. With world hunger on the rise, and exacerbated levels of methane released by rotting food items,...