The festive season is fast approaching, and for retail store owners in South Africa, this means one thing: the busiest shopping period of the year.
With a surge in customers comes an increased risk of theft and stock loss, making it a critical time to evaluate your security. Every store needs robust measures to monitor and minimise shrinkage, protecting your profits during this vital sales period.
This guide will walk you through effective strategies and tools to improve your store security over December in South Africa.
With over 28 years of experience in shrink management solutions, Milestone Integrated Systems provides state-of-the-art technology to help retailers combat theft. We source the latest and most effective solutions from around the globe to protect your assets.
Here are some key security systems we recommend to keep your store secure during the December peak.
Take your existing CCTV system to the next level with Veesion. This AI-driven software analyses your live video feeds in real-time to detect suspicious gestures commonly associated with shoplifting.
When potential theft-related behaviour is identified, Veesion sends an immediate alert, allowing your staff to intervene quickly and discreetly.
It's a proactive tool that turns your cameras into a powerful loss prevention asset.
RFID technology is a game-changer for inventory management and security. By attaching small tags to your products, you can link each item to a database.
RFID readers can scan hundreds of tags per second, enabling you to conduct stocktakes in minutes rather than hours. This level of accuracy and speed helps you quickly identify discrepancies and potential internal theft, giving you a clear picture of your inventory at all times.
Electronic Article Surveillance (EAS) is a proven deterrent against shoplifters.
These systems, which include Acousto-Magnetic (AM), Electro-Magnetic, Radio-Frequency (RF), and RFID technologies, work by tagging merchandise and placing detection antennas at store entrances and exits.
The visible presence of these tags and antennas often makes potential thieves think twice before attempting to steal, significantly reducing your shrinkage.
Don't let the fear of theft stop you from showcasing high-value merchandise. Open display security solutions allow you to confidently display items like smartphones, tablets, and laptops.
Customers can touch, feel, and interact with the products. This strategy helps increase sales of high-risk goods without compromising on security.
The holiday season should be a time of celebration and success for your business, not one marked by loss.
Don't wait for shrinkage to impact your profits!
Contact Milestone today, and let's discuss how our shrink management solutions can prepare your store for the December rush.