Security is a priority for all retail business owners and shrinkage is a problem that sadly, most will recognise.
Whether it be from lost inventory, cash theft, transaction errors, or logistical losses, there are a number of ways that a business comes in contact with shrinkage.
Feature - Shrinkage prevention should be retailers number one priority
Shrinkage in retail is a massive problem with internal theft, shoplifting, administrative and supplier fraud costing retailers $123.4 billion globally - with the first two accounting for more than 75% of that total.
Faced with this staggering figure, it makes perfect sense for retailers to place shrinkage at the very top of their to-do list.
Feature - A smart safe will really benefit your business
For retail businesses, cash management is one of the most important and perhaps challenging of day-to-day functions - from balancing tills to preparing floats, there are many points at which things can go wrong.
With challenges like counterfeit banknotes, human error, theft, and cash storage, it can sometimes feel like the odds are against you – however, a smart safe might be your salvation!