Effective Loss Prevention in Retail

Retail businesses face massive problems with shrinkage, chiseling away an average 1.6% of turnover. The loss stems from internal fraud (up to 80% of total shrinkage), vendor related shrinkage, and shoplifting. In a highly competitive industry, the pressure is on to bring down costs and to optimize store performance in every way.



"The software gives us a solution that is integrated with our transaction system to resolve and reduce errors at checkout."


Remco Hempenius, Business Development Manager, IKEA

Milestone IP video solutions help you manage shrinkage and save money on the bottom line.


The main reasons why to choose IP video surveillance from Milestone:

Improve Loss and Fraud Prevention

The combination of video with transaction data directly from the point-of-sale (POS) provides a strong tool for analyzing and catching fraud. With Milestone IP video you can search and find any transaction to instantly see the video with it. Milestone IP video helps you reduce fraud and gives you the tools to quickly and accurately solve incidents:

• Object removal
• Return fraud detection
• Employee ‘sweet-hearting’ (unauthorized discounts to friends)
• Age-restricted sales or refunds
   

Cost-effectiveness

Being able to use existing analog equipment with new digital equipment makes Milestone IP video very cost effective. It allows you to migrate to fully digitalized solutions at your own pace. Moving existing equipment to new locations, adding more cameras or changing existing equipment is seamless and easy.