4 Ways Building Access Control Systems Can Help Prevent Loss
Loss can creep into buildings and businesses in a variety of ways. One way to help prevent loss is to boost the safety and security of your building with an access control system.
Loss can creep into buildings and businesses in a variety of ways. One way to help prevent loss is to boost the safety and security of your building with an access control system.
In every restaurant there are countless variables contributing to loss at the point of sale. It could be a combination of many factors: inefficiencies at the drive thru, long wait times, or losses at the register due to excessive manager meals, coupons, or overrides. But once your point of sale system tells you there’s a problem, how do you know what to do to solve it?
We understand that a high quality Video Surveillance Solution is a significant but necessary investment for your organization. Our goal is to maximize this investment to work for your business.
Do some research: Determine if potential employees are trustworthy. Always checks applicants' references. When high school students apply, contact their guidance counselors. A few minutes of time when hiring could save you from thousands of losses due to theft down the road.
QSR and Retail operators understand the importance of having surveillance in the all sensitive areas of their businesses. Perhaps no other location is more crucial than at the POS (Point-of-Sale) terminals. Every day, millions of dollars are lost at the POS, ranging from unauthorized employee discounts, time card fraud, coupon re-use, even outright cash theft. Cameras capturing the events at each register are key, but why not take it a step further?
Employee theft is often considered the single largest cause of retail shrinkage. QSR reports that “Intentional shrinkage usually occurs during checkout when an employee takes orders, accepts more cash for the purchase than he/she enters into the POS system, and then pockets the extra cash.”
Most owners recognize that direct employee theft and customer shoplifting occur, but what about Sweet-hearting? Often unnoticed by managers, this discrete form of theft involves giving employee discounts and free products to friends and family members. Employees find creative ways to steal, including these three major types of Sweet-hearting:
It’s no secret that when product goes out the back door instead of the front, profitably decreases. Owner / Operators know that it’s an ongoing challenge to balance proper use of back doors (receiving inventory and trash removal) with unapproved uses (smoke breaks and employee theft).
Topping $604 billion in annual sales and employing 12.8 people, the restaurant industry is a major component of the US economy. The industry’s overall economic impact is valued at $1.7 trillion, and with a nation trying to pull out of a recession, it’s a shame that restaurant owners lose a substantial portion of their sales every year to employee theft.