Retail Decoded by ControlTek

Insights on retail security and inventory management solutions

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The 3 Most Commonly Overlooked Key Elements of Inventory Management

Perhaps you’ve met this person, or maybe you are him or her. It’s the person whose desktop is immaculate – with everything lined up just so – but as soon as you open one of their drawers, you see a bunch of things crammed in there haphazardly, without any discernable system. Sure, the desk looks

Top 3 Reasons Why ORC may be Smaller Fish in the Shrink Sea

What is ORC? The National Retail Federation (NRF) defines Organized Retail Crime (ORC) as, “theft/fraudulent activity conducted with the intent to convert illegally obtained merchandise, cargo, cash, or cash equivalent into financial gain (no personal use), typically through online or offline sales. Organized retail crime typically involves a criminal enterprise that organizes large-scale thefts from

The Not-So Holiday Checklist

With the influx of customers during the holiday months, most businesses’ have taken measures to be certain their existing inventory strategies are well thought-out, and that their stores are well prepared for the added security and other inventory protection needs that come with the holiday season. All of this preparation is designed to ensure the

The summer shopping rush: What it means for retail cash management

The summer season is great for retailers, but that influx of cash needs to be properly accounted for and safely transferred from the store to the bank. There are certain cash handling trends that contribute to inefficiency and errors among stores. These trends, as identified in a March 2014 Federal Reserve Bank of San Francisco report,