Executive Summary Losses due to shrinkage are a growing concern in the retail industry, however new technology is increasingly effective in the fight against dwindling margins. Digital video surveillance has been viewed as a primary loss prevention tool for some time, and now even more so when linked to a POS exception reporting system. As many as 99% of successful investigations rely on digital video evidence tied to transaction data. Cases are much quicker to resolve, often in as little as one day, and when solid evidence is presented, offenders generally confess, and recoveries are quickly made. The typical ROI of less than a year for this technology is made all the more compelling through additional applications in security, operations and market research.
Introduction This white paper presents an overview of the loss prevention issues that plague retailers, gives a brief overview of the advantages of POS monitoring combined with digital video, and lists the benefits that can be realized as a result of implementation. Finally, the estimated ROI a business can expect to achieve is discussed, and conclusions drawn about how POS monitoring transforms the way retailers view their business.
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