As a former store Loss Prevention Manager I found inventory time could be a little nerve wracking because I never knew what surprises the inventory results would hold. I usually felt fairly confident we would have good shrink results but my concern was seeing what our top shortage departments would be. Were the major items that we were losing due to theft or operational issues? What would those items be? Sometimes there would be items that were almost guaranteed to be on the Top 10 shortage department lists, such as cosmetics and DVDs. Occasionally something would show up that made me scratch my head trying to figure out what in the world I was going to do to prevent shoplifting of the item and prevent a recurrence the next year. One such item that made the list one year was vacuum cleaners. The fix for us came when we started using Alpha Spider Wrap to protect our high end vacuums.
Alpha Spider Wrap uses aircraft grade steel cable housed in a cinching device to protect merchandise. The wires can be loosened to fit around a boxed item and then tightened to create a snug fit and keep it from being slipped off. These retail anti-theft devices come in different sizes so even though we used the larger wraps for our vacuums, we had smaller wraps available for other merchandise in the store. Alpha Spider Wraps are available in several models with different features. They are all radio frequency sensitive to work with store electronic article surveillance systems. Some are tamper proof so they will sound an alarm if someone attempts to cut a wire to remove the device. There are also wraps available in a 3 alarm design that will self-alarm if someone were to get a protected item out the doors, past electronic article surveillance antennas.
In the case of our vacuum cleaner issue, we knew there had been some attempts to roll out vacuums past the cash registers, but we did not know how many thefts had taken place over the year. To prevent shoplifting we had placed our closed circuit television cameras on the aisle where the vacuums were merchandised. We had also attempted to use retail anti-theft devices such as EAS tags and tamper-proof security tape on the boxes. Finally, I tried to staff my front end security team members at times we suspected shoplifters were trying to conduct roll-outs. Obviously the results spoke for themselves and it was apparent we had not done enough to curb the thieves. They were cleaning house (pun intended) and I needed a new tactic, especially when I learned from Loss Prevention Managers in other stores that they were experiencing the same problem.
Our company had recently started purchasing Alpha Spider Wrap and sending them to stores. I had our merchandise protection specialist and our security team members start securing the vacuums with these new retail anti-theft devices. At this point we were also tracking sales and on-hand counts of our high end vacuums and as we wrapped merchandise we started to notice that the in-stocks were improving. Major improvements were seen in the decrease of empty shelf spaces and much to the chagrin of my Loss Prevention peers; I was hearing they were still experiencing significant losses. It seemed the steps we were taking were shifting shoplifter activity to other stores and away from us. By the next inventory we saw a drastic decline in the shortage dollars for this department, due in large part to the use of these wraps.
Retail anti-theft devices such as Alpha Spider Wrap can prevent shoplifting in your store, lik it did on ours. Why wait for inventory results before protecting your products? Be proactive now and watch your profits grow.
Need information on Alpha Spider Wrap? Give us a call at 1.866.914.2567 now.