Retail Armour: future-proof your business with loss prevention solutions
Nov 23, 2023 MB
Australian supermarkets have long grappled with the challenge of retail theft, but recently, things have become even more challenging. Supermarket owners are dealing with an uptick in theft incidences, just as many Australians are feeling the strain of high living costs. To put it into numbers, a staggering 6,892 cases—constituting 27 per cent of all reported retail theft incidents—happened in supermarkets in the year leading up to June 2023.
Statistics from the Australian Retailers Association (ARA) shows that theft costs Australian retailers billions of dollars annually, fuelled by various factors including shoplifting, employee theft, and organised retail crime. While business owners are reeling from the challenge retail theft presents, the pressure is specifically higher for small supermarket owners who have limited resources and no access to sophisticated security measures. Despite facing unique challenges, small supermarket owners can still implement practical and cost-efficient security solutions that can help physically safeguard their inventory.
Based on reports, a wide array of products is stolen, but one standout target for thieves is cigarettes, due to their high resale value and widespread demand. Theft of cigarette stocks presents a distinct challenge for retailers as it does not just cause financial losses but also disruptions in operations and a hit to customer satisfaction in instances of break-ins.
The Vital Role of Loss Prevention Solutions
Loss prevention products play a critical role in protecting businesses against the ever-present threat of theft. These innovative solutions go beyond traditional security measures – offering a comprehensive approach to protecting assets and ensuring uninterrupted operations. The investment in these solutions is not merely a response to a current problem; it's a strategic move to future-proof businesses.
At the heart of the matter lies a commitment to protect what matters most to you as a business owner – your assets, your operations, and your customer satisfaction. But how do you choose the best loss prevention solution in the market?
- User-friendly design. Opt for loss prevention products that boast user-friendly interfaces and straightforward functionality. A seamless integration into your existing systems ensures that your staff can quickly adapt to and maximise the benefits of the product.
- Proven effectiveness. Look for products with a track record of success. Seek out testimonials or case studies from businesses similar to yours that have experienced tangible benefits.
- Customisation for your specific needs. Prioritise products that offer customisation options to address the unique challenges of your business. A tailored approach ensures that the solution aligns perfectly with your requirements.
At BCG, our commitment goes beyond the basics – we treat our clients' businesses as if they are our own. Our range of loss prevention products are designed by our industrial design team and manufactured to mitigate break-ins, preventing the loss of thousands of dollars’ worth of stocks.
Browse through our growing range of cost-efficient and cutting-edge secure storage solutions, and security screens. Upgrade your cash handling experience with BCG's installation of cutting-edge cash recycling systems that will guarantee seamless transactions and heightened security.
Want even higher-level protection? Our expert team at C2DS is well-equipped to provide guidance and design enhancements to bolster the security of your store. Recognising the unique demographics of each store, we implement strategies that ensure cost-effective security, while also focusing on customer retention and efficient store operations. Our approach includes integrating multiple solutions for a comprehensive security plan.
Check out our past projects:
- Zamzam Village Grocer Auburn BCG Supermarket Fitout
- Thomas Jin Tongli Testimonial
- Tong Li Australia Case Study by Glory Global
BCG: Built Better. Built Stronger.
Get in touch with our team
Email: Retail@briancummins.com.au
Phone: 1300 66 22 14
