Retail Loss Prevention

shopreme offers a choice of three tools to help retailers rise to the challenge.

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The challenge for retailers

Shrinkage and its prevention pose a genuine challenge for retailers, with global shrinkage losses estimated to have exceeded $100 Billion in 2019. That is why retailers must develop and implement a holistic and robust loss prevention strategy that covers analog and digitally enhanced customer journeys. shopreme offers a choice of three tools to help retailers rise to the challenge.

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Employee App

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Exit Gate Control Strategies

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RFID Cloud

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Employee App

shopreme’s Scan & Go solution provides robust risk analysis algorithms to select users for audits by employees. While user data triggers some audits, including their previous audit data and frequency of use, shopreme bases other audits on the specifics of the shopping journey, e.g., the time between scans and scan times. A third category focuses on products with triggers, including age-related products, security-protected products, or high-price items. The employee app intelligently sorts shopping baskets to help employees to check items efficiently.

For Example:

  • Articles sorted by value so employees can quickly detect higher-priced items that customer have not scanned
  • A list of above-average numbers of the same products which might be an indicator for erroneous scan
  • A list of promotional items, which might show a buy-one-get-one-free abuse

shopreme customizes these lists to best suit vertical needs, giving employees a real-time overview of all purchases. Customer shopping baskets can be checked regardless of their internet connection status.

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Exit Gate Control Strategies

Two shopreme Scan & Go exit gates options are available that allow retailers to lead Scan & Go users through designated exit areas to secure loss-prevention:

Exit Gate Light

Customers scan their invoice code at a dedicated terminal which will notify employees via the employee app

Exit Gate

Customers pay at a dedicated terminal. Employees can audit customers, triggered by robust algorithms, at the terminal

Employees and customers receive a notification that confirms the success of the purchase

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RFID Cloud

shopreme-integrated Smart Electronic Article Surveillance (EAS) solutions provide a unique possibility for retailers to offer their customers a seamless, autonomous shopping experience while also increasing technological efficiency. RFID Cloud solutions allow deactivating RFIDs of products after payment, enabling the customer to leave the store without employees’ help while also providing vital information that can improve on-shelf availability. Gates will only alarm in case an active RFID tag is recognized.

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Book an appointment if you`re interested