Retail & Loss Prevention

Radde Security reduces the percentage of loss of products. Manufacture and point of sale is referred to as shrinkage or sometimes called shrink. Shrinkage costs U.S. retailers over $31 billion in 2008 according to the National Retail Security Survey on retail theft. Following are the four major sources of inventory shrinkage in retail:

• Employee Theft
• Shoplifting
• Administrative Error
• Vendor Fraud