With the retail industry currently in a state of flux, more and more companies are looking for ways to protect their products from theft. One company that has been conducting research on this issue is TydenBrooks Security Seals, which recently published its findings in a white paper titled «Protect Your Retail supply chains with TydenBrooks EMEA» The report defines the problem as one of shrinking profit margins due to an increase in both e-commerce and retail stores around the UK and Europe.
Loss of Inventory
Loss of inventory due to shoplifting, employee theft, 3PL, drop shipping or internal errors collectively costs retailers approximately $100 billion worldwide, or about 1.82% of global sales. TAPA EMEA has already reported after 42 days into 2022, the value of products stolen targeted by cargo #thieves in the #EMEA region already runs into millions of Euros.
TydenBrooks has built a great reputation for creating security solutions to these retailer challenges spanning 146 years. While the security solutions for each area of retail loss are unique, as detailed below, they can all benefit from a multi-layered security strategy.
Internal Supply Chain Security Solutions
The internal supply chain covers theft and pilferage that takes place within a company, such as by employees. There is a difference between pilferage and theft. Pilferage involves taking a few items from a larger shipment to conceal the attack as nothing more than human error, whereas theft consists of stealing large amounts such as an entire shipment. Theft and pilferage can happen when employees can easily cut into a standard low security packaging tape, penetrate or break a security seal, replace them or glue back together, or in a facility with no security cameras use exit doors to get away with more substantial thefts and repeat this several times.
TydenBrooks offers numerous solutions to these problems that help you build and maintain successful security strategies. Pilferage is easier when totes are improperly secured, usually leaving a gap to extract product, or using low security tie wraps with no track and trace capabilities allowing them to be removed and replaced without tamper evidence.
Our Plastic pull-tight security seals such as the SecureGrip, SecureTite, SecurePull, All Seal, and Equilok allow tight sealing. When correctly applied, prevents any openings or gaps that allow pilferage. These plastic pull-tight security seals also allow for track and trace that makes replacing them once removed near impossible. These seals can be customized with barcodes and serial numbers for improved security. These seals also help Improve inventory control and reduce human error that leads to additional shrinkage.
Tamper evident plastic seals can be used in conjunction with our Void security tapes to build your multi-layered security strategy. These security tapes seal a cardboard carton or tote and reveal void tamper evidence when opened. These security tapes and labels can also be customized for your business and used for a variety of security needs.
For additional internal facility security to prevent theft and pilferage which can be taken through an exit door in the warehouse our MRS2 or MRP2 tamper evident labels with centre security cuts are an effect solution and is also Fire Marshall approved in the USA; providing tamper evidence when a door is opened or even semi-opened.
TydenBrooks goes above and beyond to protect our customers, their brand and their product. When your shipments are on the road, we want you to be able to rest easy knowing they are safe behind well-made, multi-layered, security solutions. One of the biggest threats to a shipment is when it is stopped, «freight at rest is freight at risk.» Truck stops, unattended trucks, and drop ship trailers left in yards are all targets for both full truckload (FTL) and less than truckload (LTL) theft and pilferage.
Our high-security seals, such as our SnapTracker bolt seal, Flexsecure & Ez Loc Cable seals, used for securing the back of trailer and ship container doors, will add layers of reliable security to your cargo. These high security seals act as a deterrent to cargo thieves. These high-security seals provide a barrier that requires special removal tools, making thieves unable to conduct a quick grab and go job of a shipment.
When trailers are left in a shipping or distribution yard, they are often parked back to back or up against a wall to prevent intrusion. This is a good physical solution, but a robust multi-layered security strategy would also add indicative plastic seals or our high-security barrier seal to ensure If the trailers are moved a track and trace element has been employed.
With many competitors claiming to offer similar products, only TydenBrooks can offer the solution knowledge we have gained over our 149-year history. We understand our customers and their specific issues and have developed our security seals and strategies around their challenges and needs. We have the largest product offering across all product categories, so we have the best chance of solving your problems and being your one-stop-shop for all security needs.
Operations wise, our global capacity, production and marking capabilities (2D, QR, RFID) and intellectual property means we can serve any business regardless of your business size. We have solutions for small, medium, and large businesses in a multitude of sectors. Our lead times are the best in the industry, we are ISO 9001 certified for quality, and we are U.K. & European based. In the simplest terms, we protect your products, your bottom-line and your brand. It is our mission to make sure your supply chains are secure from start to finish and we will work hand in hand with you to develop the security solutions that fit your needs.
TydenBrooks is the largest and most experienced seal manufacturer in the World. We offer uniquely designed products to fit retail applications. We offer a suite of solutions for all stages of your retail supply chain, virtually anywhere in the world. Our full line of security seals supplement and support your loss prevention procedures for retail products.
Contact us at 01643 393 570 or email@example.com to tell us about your application needs and learn more about how our security seals can make your stores more secure. Our tamper evident solutions can help you reduce your shrinkages instantly!
Shop our products on our website here: www.tydenbrooks.co.uk