How to Deal with Customer Theft in Retail
Business
management advice from Tower Systems.
If you have items
that you know are regularly stolen through regular spot stocktakes consider
these tips for managing to reduce the cost of theft.
- Ensure all staff know about the problem.
- Spot stocktake weekly. Record the number
stolen somewhere for staff to see. This sets a target for all.
- Place a portable work table near the often
stolen products and move most tasks there such as product pricing, invoice
checking or other tasks that could be easily done on the shop floor.
- Ensure you have camera coverage of the
location.
- Place the stock so there are no blind spots
that make theft easy.
- Try other locations and see if theft declines.
- Watch the location or stand from outside your
business to see how shoppers interact with it.
- Act based on your business data.
- Involve the police if you get any actionable
evidence.
The alternative is you
complain about the problem and do nothing and that is not good
management. Theft is something to be managed.
Reducing customer theft is all about
understanding the problem and developing a plan to reduce it.
Related Articles
How to Reduce Employee Theft in Retail
Business management advice from Tower Systems Theft is something to be managed in any retail business. Retailers are stolen from by employees. Good management is about reducing the opportunity for and instances of theft. Consider this advice and the ...
Employee Theft Prevention
Employee theft is serious and more common than people think. It’s not easy to accept, but employee theft is worth considering as the cause of suspicious cash flow activity. These tips will help you erase employee theft from your business. Pay Above ...
Change the Customer for a Quote
For any customer quotes that are done in the Quote and Invoice Management screen, as they are not final, they can be switched to a different customer. This may be needed if the wrong customer name/account was placed against it, or they've arranged ...
Setting up add customer screen
You can customize the screen when adding new customers to remove any information that isn't needed for your customers. Click on Customer > Search > Add This will bring up the New customer details screen. Click on the settings cog at the top right. ...
Change Customer Barcodes
If required, you can change the barcode which is automatically generated when a new customer is created. This might be because you have got pre-printed customer cards \ loyalty which have their own barcode on them. Click HERE to learn more about ...