fbpx

Bridging Gap

Bridging Gap

Integrated Marketing Communication Agency.

We craft beautifully useful marketing and digital products that grow businesses.

T (917) 720 3126
Email: gaurav.sodhi@bridginggap.in

Bridging gap (B.Gap Pvt. Ltd.)
244 Fifth Avenue, Manhattan New York, NY, US 10001

Get in touch: +91-983-383-0474
  • MY CART
    No products in cart.
  • About us
  • Voice Your Business
    • India
    • USA
  • Services
    • Web & Mobile Development
    • SEO Services
    • Graphic Design
    • Marketing
      • Experiential Marketing (Events)
      • Email Marketing
      • Social Media Marketing
      • Hotel Marketing
    • Social Media
    • Brand Building
  • Portfolio
    • Strategic Creations
  • Beyond the Bridge
  • Contact us
Enquiry
0
Tuesday, 01 February 2022 / Published in Uncategorized

Retail Technology: The Intersection of Loss Prevention and Sustainability – Loss Prevention Magazine

Retail crime is surging across the US. While shrink has always been an issue, the recent holiday season saw an unprecedented spike in theft, bringing it to a level that, according to some experts, now costs retailers 2-3 percent of their total sales, as opposed to 0.7–1 percent prior to the pandemic. But retail theft also has an often-unseen impact beyond damaging revenue and the customer experience. It also negatively affects the environment, from increased greenhouse emissions to water pollution to more trash in landfills.
This is because restocking shoplifted items requires retailers to pack and ship replacements, which means more cardboard, more packing materials, and more carbon emissions and fossil fuel usage by delivery vehicles (to put that into perspective, consider that 70 percent of greenhouse gas emissions by retailers occurs during transport). What’s more, if a consumer finds that the item they wanted to purchase isn’t available, they’ll go elsewhere to purchase it—meaning even more carbon emissions and fossil fuel usage.
In short, the simple act of shoplifting an item can have a butterfly effect across the entire retail ecosystem. So what role do loss prevention technologies play in mitigating that impact? As it turns out, the answer goes well beyond just preventing theft.
The primary way loss prevention solutions lessen environmental impact is by impeding theft. Publicly visible solutions, like pedestal systems, RFID tags, and public-view monitors, deter theft by making it clear that store premises are protected. More advanced video solutions can help associates and loss prevention officers identify suspicious behavior and intervene before theft occurs.
But today’s truly innovative loss prevention solutions go beyond theft mitigation. Makers of leading loss prevention solutions also optimize the environmental impact of the solutions themselves, not just the thefts they prevent.
For example, at Sensormatic Solutions, our latest generation of electronic article surveillance (EAS) systems use 50 percent less power than previous models, thanks in large part to the “power save” mode that engages based on time or traffic. Meanwhile, our cloud-based loss prevention platform, Shrink Management as a Service (SMaaS), monitors, manages, and remotely services connected EAS systems. This enables our team to respond faster and provide remote troubleshooting—resulting in fewer on-site visits, which means fewer trucks on the road (and potentially fewer stolen items out the door).
Likewise, our visual source tags recirculation (VSTR) initiative, as detailed in our new white paper on sustainability, helps reduce plastic waste and industrial power and water use through recycling our RFID tags. Once tags are removed from items post-purchase, they’re returned en masse to the warehouse by the same truck that just delivered the store’s merchandise—further reducing unnecessary truck routes.
Tags are then checked for quality, cleaned, and re-certified using the most environmentally friendly methods, including green electricity. When, after many repeated applications, these tags reach the end of their lives, they’re recycled via recirculation sites that are ISO 14001 certified. We’re proud to report that 90 percent of retailers recycle their tags. Thanks to this high level of retailer participation, the program has accomplished the following since its inception:
Loss prevention teams may be just one part of the overall retail ecosystem, but they—and the technology manufacturers that supply them—play an outsized role in mitigating the environmental impact of modern retail.
Through innovations and initiatives like the ones mentioned above, and by making sustainability a focus throughout the product development lifecycle, retailers and retail technology providers can increase the impact their solutions have—not just on stores and communities, but the world around us all.
Stay Updated
Get critical information for loss prevention professionals, security and retail management delivered right to your inbox.
 
Nominations for the 2021 Hall Awards are now being accepted!
Stay up-to-date with our free email newsletter
The trusted newsletter for loss prevention professionals, security and retail management. Get the latest news, best practices, technology updates, management tips, career opportunities and more.
View our privacy policy.

source

  • Tweet

What you can read next

This week: Cupid's Undie Run, '90s Valentine's Prom, Buffalo on Tap – Buffalo News
The Best Jobs on BoF Careers – The Business of Fashion
New Lebanon facility promises 500 jobs | Announcements | lebanondemocrat.com – Lebanon Democrat

Recent Posts

  • SEO service in Bandra

    Beyond Keywords: How Search Intent is Shaping SEO Strategies in 2025

    In the dynamic realm of digital marketing, unde...
  • Best Hotel Marketing Agency

    OTA vs Direct bookings- How Hotels can achieve Maximum Revenue ?

    Best Hotel Marketing Agency...
  • Google Vs SEO

    Google Ads vs. SEO – Which Is Better? Get Expert Strategy from Bridging Gap, Mumbai

    In the fast-paced world of digital marketing, b...
  • best digital marketing agency in Delhi

    Branding Beyond the Logo: The Emotional Triggers That Make Customers Buy

    Introduction to Branding Branding is much more ...
  • Bridging Gap: 40% Revenue Increase for a Resort Through Smart OTA Strategies

    The hospitality industry is fiercely competitiv...

Archives

  • February 2025
  • January 2025
  • December 2024
  • May 2024
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • June 2017

Categories

  • Branding
  • Marketing
  • News
  • SEO
  • Social Media
  • Uncategorized
  • Web Design

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
Company
  • About us
  • Voice Your Business
  • Services
  • Portfolio
  • Beyond the Bridge
  • Contact us
Social
  • Instagram
  • Facebook
  • Twitter
Support
  • FAQ
  • Terms
  • Privacy

Bridging Gap

Call USA :+1-347-587-8585

Call IND: +91-983-383-0474

info@bridginggap.in

© 2025 All rights Reserved @Bridging Gap.

TOP