Retail business today is plagued by what is known as shrinkage – the loss of stock and / or cash during business operations. Shrinkage can have a dramatic effect on profitability and it is for this reason that it has drawn much more management attention in recent years. Shrinkage can show itself in many forms, the most important of which are staff theft, customer theft, breakage or spoilage, administration error and sometimes vendor theft.
Covert Video Surveillance is fast becoming an extremely popular method of collecting information when staff members are suspected of theft. It is also one of the least intrusive and can be one of the most cost effective methods of identifying unlawful behavior in the workplace. However, before you rush out and have it install, there are number of issues that you must consider.