According to the Food Industry Association, the number one challenge currently facing food retailers has become asset protection. Ever wondered how technology can help cut down on the billions of dollars lost to theft each year?
Our guide dives into how digital security measures can boost overall security, streamline operations, and safeguard valuable assets, all while meeting industry standards.
Immediate Incident Reporting
- Importance: Prompt reporting of security incidents is crucial for swift response and mitigation.
- Solution: Utilize process management software for real-time incident documentation and tracking of resolution efforts.
- Benefits: Enhances security responsiveness, ensures comprehensive incident recording, and facilitates timely intervention.
Effective Asset Protection & Loss Prevention
- Importance: Protecting assets from theft, vandalism, and damage is essential for minimizing financial losses.
- Solution: Implement sensor-driven solutions integrated with surveillance systems.
- Benefits: Enables proactive monitoring of asset movements, facilitates quick detection of security breaches, and supports efficient security assessments.
Optimized Patrol & Guard Tour Management
- Importance: Efficient management of patrol tours ensures comprehensive security coverage.
- Solution: Use mobile apps for real-time tracking of guard movements and automated reporting of patrol activities.
- Benefits: Improves patrol scheduling, enhances visibility into security operations, and enables data-driven decision-making for resource allocation.
Enhanced Access Control Management
- Importance: Controlling access to sensitive areas minimizes unauthorized entry and ensures regulatory compliance.
- Solution: Deploy IoT sensors for real-time monitoring of access points and integrate with digital dashboards.
- Benefits: Provides actionable insights into access patterns, strengthens physical security measures, and facilitates compliance auditing.
Compliance and Regulatory Adherence
- Importance: Meeting security regulations and standards mitigates legal risks and enhances organizational credibility.
- Solution: Use process management software for digital auditing and automated generation of compliance reports.
- Benefits: Simplifies regulatory compliance, ensures thorough documentation of security practices, and supports continuous improvement of security protocols.
$B
in 2022
According to the National Retail Federation, organized retail crime and external theft cost US retailers $41.5 billion in 2022.
%
Reduction in Inventory
Stores lost 26% of their total inventory due to process & control failure - leading to a whopping $28.8 billion in retail shrinkage. (Dealaid.org)
%