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Security Matters: Shoplifting, Thefts, employee ethics
Tags :
Store Management, Shoplifting, Thefts, employee ethics, Retail India, Retail Chains, Retail Industry, Retail Market, Retailing, Retail
Industry :
Retail Chain/Logistics, FMCG/Foods/Beverage
Functional Area : Business Processes, Logistics & Supply Chain |
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About "Security Matters: Shoplifting, Thefts, employee ethics" topic:
The topic'Security Matters' will cover a holistic approach to security including concerns such as loss prevention as well as prevalent issues such as the contribution retailers can make to reducing cash-in-transit crime. Safer stores and staff interventions - When is it right to intervene with customers or disruptive members of the public, especially when there is a real risk to staff and other customers? Do share your views.
2 trends
, 1 debates
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on topic: "Security Matters: Shoplifting, Thefts, employee ethics"
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A survey of retail crime and loss in the world says India has the highest retail shrinkage at 3.2% in the world. Retail shrinkage is the loss of products due to shoplifting, employee theft, paperwork errors and supplier fraud. The country’s retailers complain that the main causes for the US $2.6 billion loss are shoplifting and employee theft. The survey, the third annual Global Retail Theft Barometer 2009, covered 1,069 large retailers across 41 countries between July 2008 and June 2009. India has consistently maintained its position in top spot with desi thieves preferring to steal electronic items, cosmetics, alcohol, apparel and jewellery over other goods because of their value and port...
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Anand Balasubramanian
| Commented
| 2 years ago
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Guys, it is common problem all over the world. Few of the thefts are by their own staffs and few of them are through online purchase and few of them are shop lifting. Be aware that It is not only happening ONLY in India. All the retailers are...
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Bindu.M
| Commented
| 2 years ago
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yup i know about in that Indian top retail Marketing
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Rijo Stephen Cletus
| Commented
| 3 years ago
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Please let me know the reference from where you got this news. Organised retail revolution is just setting trend in India. If you know the span of the country, retail is there in every nuke and corner in India in the FMCG segment and many others...
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Trends: "India No.1 in Retail theft" deleted from your view.
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Debate: "Jayesh Panchal security Supervisor" deleted from your view.
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Even after much of efforts the Retail Chains are not able to prevents thefts or in more contemporary terms, Shop Lifting, so can you tell some ways to help us.
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Subramanyan Krishna
| Answered
| 3 years ago
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Hi, I might be an amature in this discussion but presently gaining some retail experience i would recommend we practise SLR - Every Sale Collegue has responsibility of his department for Pricing, Facing replunishing in the same way he is meant to...
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Muralidhar Reddy
| Answered
| 4 years ago
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Shrinkage the main problem in todays retail world is not only the vested resposibility of one individual as said by Sarin. Its the employer employee relation and as well the training imparted to the down line of gaining the ownership. Its a simple...
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Dr. Ravindra Pratap Gupta
| Answered
| 4 years ago
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Periodic high value count, Stock audit check point devices etc are efficient sytems etc developed based on identifying tags (Hard/Soft tags etc). But as the shoppers to are becoming professional shoplifters with ageing times more needs to be done...
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Answer: "How to prevent Retail thefts?" deleted from your view.
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RFID
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Smart card
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Sudhansu Jena
| Supported idea
"RFID"
| 3 years ago
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Ms. Verma, I think this action has already started taking place, not as chip but as bar code. Unpaid luggages makes noise at doors. But still the crime is going on...
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Charles davison
| Added idea
"Smart card"
| 3 years ago
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We need to change the Possible sectors of retail into system where product can be taken by using/swiping the smart card issued at the entrance including to gain entry and gain exit. This way any product taken by smart card has to be paid using...
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Ideate: "How to prevent Organized retail crime??" deleted from your view.
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Many retail organization have started instructing there employees to spend less time with each customer so that he could be more 'productive; as footfalls in most of the markets/ malls have decreased, as compared to last year. However, is it true that handling more customers at one time and does not able to satisfy any of them can make them more productive? It will affect CSI; your loyal customers will go away and definitely on moral of the staff. What is the first thing you can you do to ensure that your customers are happy and loyal? You need to make sure that you have happy, loyal employees. There is a direct correlation between employee and customer satisfaction. Happy employees...
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Anil Maindola
| Commented
| 4 years ago
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yes...definately its a very gud article..to get satisfactory results in any organisation you need get your employees satisfaction level up aswell....
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Sarada M
| Commented
| 4 years ago
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Nice one..This article must be circulated to unhappy employees:-)
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Jagannath Gaikwad
| Commented
| 4 years ago
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Hi Alok, It is an innovative idea of man management. Keep it up! The article will be very effective, if suppotred by practicle examples for each approach coverd in the article.
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Trends: "Happy Employees = Happy Profits" deleted from your view.
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