Other systems used are ANPR cameras, which are used to detect and record the number plates of vehicles. These cameras are typically mounted on police cars and can be used to automatically check if a vehicle is stolen, untaxed or uninsured.

The police in the United Kingdom have been using dashcams since 2013, when they were first trialled in North Wales. The trial proved to be successful and since then, dashcams have been gradually rolled out to police forces across the country. The police and other forces will use different tech with enhanced features in order to make their job easier.

Retail Loss Preventionjobs

Learn what shrink in retail is, explore its causes and effects, and discover effective prevention strategies to reduce inventory loss and improve profitability.

Epos Now POS systems can even automate stock taking. This streamlines your daily admin, gives you an accurate inventory count, and saves you and your staff hours of admin time.

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Police body-worn cameras are also increasingly being used by police officers in the UK. These small, wearable cameras can be clipped onto an officer’s uniform and are used to record footage of an officer’s interactions with the public.

Delight shoppers, speed up sales, and grow your business. Tailor your Epos Now retail POS to your exact needs with the Epos Now AppStore.

Start by teaching your team why tracking inventory matters. Show them how to spot anything unusual, like missing items or strange transactions. When everyone understands their role in protecting inventory, you’re better prepared to prevent losses. Plus, good training sticks with your crew, even when employee turnover happens. When new members come in, they're already set up to handle things like pros, keeping your operation tight and shrinkage low.

Importance ofloss prevention in retail stores

Keep your shelves organized and regularly check your inventory against your records. This helps you spot any missing or misplaced items quickly. Simple routines like these ensure that what’s on your shelves matches what’s on your books.

At Viofo we have a variety of different cameras for enhanced security, including our 3 channel dash cameras that offer front, rear, and interior recording.

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Regardless of all of the known (and unknown) causes of retail inventory shrink, there are some tried and tested ways to keep your shrink percentage low. We've put together seven of our favs below. Don't just use one, mix any of the below methods for the best results:

Design your store layout to maximize visibility. Keep aisles clear and use mirrors or cameras to eliminate blind spots. When you can see everything, it’s easier to spot any suspicious activity and deter potential thieves.

Use modern tools like a point of sale (POS) system that analyze sales data and tracks SKU inventory in real-time. These systems can flag unusual patterns or discrepancies, helping you catch problems early.

💡 TIP: Before you train them, make sure your hiring process is spot-on. After all, if you’re hiring responsible team members with great references, there’s less of a chance they’ll steal from you in the first place. They’ll also have much more experience spotting theft and other retail shrinkage causes. Learn more about the importance of hiring the right employee in our handy guide.

Think of your stockroom and cash registers as restricted zones. Only give access to retail employees who really need it, like managers or trusted staff. This way, you reduce the chance of unauthorized people messing with your goods or money.

Now, in order for loss prevention to be effective, you need to know how to calculate shrink. Here's how you can nail this:

Given the nature of their job, police officers will need to have efficient and high-quality dash cameras in order to perform their duties properly. While there is a general lack of clarity regarding what dashcam the police use, we’ve compiled this blog to answer this as best we can.

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ANPR systems are also used commonly in car parks to recognise number plates and issue fines and penalties for illegal parking or overstaying car park times. They can check a number of things, including:

Operational loss is the catch-all category for the little things that go wrong in the day-to-day running of a store. It could be damaged goods, items that expire before they’re sold, or just plain old mismanagement. These losses might seem small on their own, but they quickly add up.

When it comes to loss prevention strategies for retail stores, keeping a tight inventory account is key. Regularly updating it helps you spot discrepancies early, so you can take action before losses mount. Remember, a well-managed inventory isn’t just a number—it’s your shield against profit disappearances.

With Epos Now, you can manage your store effectively, protect your inventory, and improve overall efficiency to drive business success.

Regular audits and a good retail POS system with advanced retail inventory management features can help keep these mistakes in check. Double-checking might feel like a hassle, but it saves a lot of dramatic breakdowns down the line.

Return fraud is like the sneaky cousin of shoplifting. Ever had someone bring back an item, only to realize later it wasn't even from your store? Or worse, they "return" something they never bought in the first place. It’s a clever scam, but it costs retailers big time. Fake receipts, worn-out items passed off as new, or even stolen physical inventory returned for cash, the tricks are endless.

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Did you know, 75% of employees admit to swiping something from work at least once? That’s a staggering number. It’s not just a few pens or paper clips—they might be taking bigger stuff, like cash from the register or products off the shelves.

Who knew paperwork could be such a villain? Administrative errors might seem harmless, but they can lead to big discrepancies in your inventory. Miscounting stock, entering wrong data, pricing errors – it all adds up. Imagine thinking you have 50 units of something, but you actually have 45. That’s money lost. In fact, simple administrative and paperwork errors can add up, accounting for as much as 18.8% of annual shrinkage (which is sometimes referred to as “paper shrink” FYI.)

Remember that $112.1 billion we mentioned earlier? Well, that number has grown every year since 2018! It’s not just about the immediate cost. Nope, losses add up over time and can affect your ability to grow and invest in your business.

Every time a shoplifter gets away, your bottom line takes a hit. In 2020, Jack L. Hayes International’s 33rd Annual Retail Theft Survey found that the average value of shoplifting cases went up by 13%. It’s a big reason why stores lose money, accounting for over 35% of all the items that go missing each year.

Our cloud-based retail POS system has the software and hardware you need to put a stop to inventory shrinkage. Here's how:

The worst part is that it often goes unnoticed until it’s too late. The key is to stay vigilant. Install those cameras, train your staff, and make it as difficult as possible for the thieves to get away with their tricks. Plus, watch out for organized retail crime rings (they’re a step above your typical shoplifter and can cause serious damage.)

While the definite answer of ‘what’ camera the police use remains unsure, the fact remains that the police do use dash cameras and can vouch for their many benefits. If you’d like to add that extra layer of security on the road, you can browse our dash cameras here. View our handy dashcam buying guide here.

*The above example is based upon a startup business and a 12-month term. The monthly payment rate you are offered may differ from the representative rate shown and will be based on your Company financial information and your personal circumstances, the loan amount and the repayment term. The discounted price requires a monthly subscription starting at $79.

Tel: 0330 223 3108Email: info@viofouk.co.ukHolme Road Offices, Holme Road, YaxleyCambridgeshire, United Kingdom, PE7 3NA

Imagine trying to complete a puzzle with missing pieces. That’s what happens when shrinkage messes with your inventory. You might struggle to keep popular items in stock, leading to missed sales opportunities or delays in fulfilling customer orders. To combat shrinkage, retailers often have to invest in beefed-up security measures like guards and technology, adding to operational costs and potentially raising prices for consumers.

It is important to note that the camera systems used will vary from force to force and likely will change depending on the location of the forces, and their particular role, as well as the vehicle they use.

The footage recorded by body-worn cameras can be used as evidence in court proceedings and can also be used to help investigate complaints against the police.

$112.1 billion. Yep, you heard that right. That's how much money was lost to retail shrinkage in 2022, according to the National Retail Federation (NFR) -Ouch!

Employees know the ins and outs of your store, which makes it easier for them to sneak things past you. It could be money from the register, products off the shelves, or even giving out unauthorized discounts to friends.

On average, it’s about 1.44% of sales, but some stores see higher rates, up to 2% or more. It might not sound huge, but every percent adds up fast!

While there is no one specific dashcam that is used by all police forces in the UK, the dash cameras that the police forces use will need to meet enhanced criteria. The dash camera systems used by the police will be far superior to regular dashcams and will have features to check:

Loss prevention in retail storesexamples

Not quite. Shrinkage covers all inventory losses, like employee theft, admin goofs, and damaged goods. Shoplifting is just one piece of that big shrink pie.

💡 TIP: Check out our complete grocery store layout strategy guide to learn how to make your store safer. Arrange shelves strategically and use mirrors or cameras to eliminate blind spots. This setup helps deter theft and ensures your store stays secure. Stay alert to spot any suspicious activity and keep your business protected.

Shrinkage is when a store loses inventory due to internal theft, external theft (AKA shoplifting), administrative errors, vendor fraud, damage, and cashier mistakes. It’s basically the gap between what the store’s records say they have and what they actually have. This is a big issue for retail businesses because losing inventory means losing profits.

Shoplifting is a classic. We've all seen those security camera clips of someone trying to sneak out with a pair of shoes stuffed down their pants. It’s not just a minor annoyance. Nope, it’s a major drain on your inventory.

Vendor fraud is a sneaky one. You trust your suppliers to deliver what you paid for, but sometimes they shortchange you. They might send fewer items than listed or bill you for products they never shipped. It’s frustrating and costly. The best defence here is to build strong relationships with your vendors and always verify shipments. Check what comes in against what you ordered and what you’re billed for.

Inform your customers about store policies through signs and friendly reminders. Let them know how returns work and encourage them to report any issues they notice. When customers are informed, they’re more likely to respect your rules and help maintain a safe shopping environment.

Create straightforward rules for handling returns, discounts, and security measures. Make sure every employee knows these policies inside out. Clear guidelines leave no room for confusion or misunderstandings, making it harder for mistakes or dishonesty to slip through.

You now know what it is, but what's causing your stock shrinkage? Here are the six main culprits likely sabotaging your inventory:

Shrink in retail happens when physical inventory goes missing from the store and no one knows where it went. It’s a huge headache for retail businesses, but if you know what causes it and how to stop it, you can save a lot of money (and stress).

What are 5 methods ofloss prevention

We're going to break down the six most common causes of shrink and share seven smart strategies to prevent it. Because, after all, nobody likes losing money!

Losses from shrinkage hit where it hurts most—your profits. In retail, where margins are tight and sales volumes high, losing inventory directly eats into your ability to make money. When items disappear due to theft or other reasons, you can’t sell them to recoup costs. This loss of potential revenue can seriously dent your bottom line.

Employee theft is a tough pill to swallow. Your own team, the people you trust, taking from you. Unfortunately, it happens more than you’d think.

UK based dash camera experts. We take pride in our sleek designs, outstanding performance and great customer service. Our innovative products represent great value and exceptional quality so that you have a product you can rely on when you need it the most, without it costing the earth.

The police in the United Kingdom use a variety of dashcams in their patrol cars. The most common type of dashcam used by the police is the In-Vehicle Camera System (IVCS). The IVCS is a small, handheld camera that records video and audio footage from inside the police vehicle.

Customers expect reliability and fair prices. When shrinkage forces prices to go up to cover losses, it can drive price-sensitive customers away. Moreover, inventory discrepancies can lead to out-of-stock situations or incorrect pricing, which frustrates shoppers and damages trust. Keeping shrinkage in check isn’t just about protecting your profits; it’s crucial for maintaining a positive customer experience and building brand loyalty.

The IVCS is typically used by police officers to record their interactions with the public, as well as to gather evidence at crime scenes. The footage recorded by the IVCS can be used in court proceedings and can be used to help investigate complaints against the police.