Proven EAS Intelligence Solution Helps Reduce Shrink and Improve Profitability
BOCA RATON, FL— June 21, 2012—Tyco Retail Solutions (www.tycoretailsolutions.com), a leading global provider of retail performance and security solutions sold through ADT and authorized business partners worldwide, today announced the company’s EAS Intelligence solution continues to help retailers such as Lowe’s reduce shrink while improving the shopper experience and store profitability. Based on 45 years of EAS experience and innovation, Tyco’s EAS Intelligence solution enables customers to maximize their investment in existing EAS infrastructure. The ability to capture and consolidate data from multiple EAS hardware devices and link to other operational data through the Tyco Store Performance Platform gives retailers the visibility they need into operations at the store level and across the organization. For more information on EAS Intelligence please visit the Tycoretailsolutions.com Resources page.
“When Lowe’s decided to institute a comprehensive vendor source tagging program in 2000, we made the strategic decision to deploy Sensormatic EAS systems from Tyco Retail Solutions chain wide," said Claude Verville, vice president of loss prevention and safety at Lowe’s Companies, Inc. "Today, our use of Tyco’s alarm and EAS device management solutions help each store cut costs and minimize shrink while enabling us to protect and drive ongoing value out of our EAS infrastructure investment company-wide.”
As retailers focus on improving the in-store experience, their loss prevention systems and processes must be effective enough to deter shoplifters, but subtle enough to provide a pleasant shopping experience for consumers. This is especially critical as retailers combat the rise in organized retail crime. With Tyco’s EAS Intelligence Solution retailers can leverage proven acousto-magnetic (AM) technology which allow for wide exit coverage, reliable deactivation, and virtually no false alarms.
Alarm management is an especially critical component in any EAS deployment. With Tyco, retailers can leverage easy-to-use devices that capture, mine, and report on data related to EAS alarms such as alarm cause and response time as well as traffic counts. Sophisticated alarm management capabilities also allow for remote analysis and notification of system failures to increase EAS effectiveness and save costs. For example, a recent Tyco Retail Solutions’ sponsored test conducted in a sample of 50 stores within a 2,000 store hardgoods retail chain confirmed the significant benefits of the adoption of alarm management devices noting a 50 percent reduction in EAS alarms, and an additional 15 percent reduction in shrink with EAS.
The Tyco EAS Intelligence solution also provides:
- Device Management data collection: Consolidates information from all connected EAS, alarm management and traffic counting components within the store automatically.
- Remote Health Monitoring: Allows customers to monitor status and health of devices to avoid unplugged deactivators at the POS or detection systems at the exit doors.
- Intelligent reporting that integrates EAS data with other operational data including traffic information.
“For the past 45 years Tyco Retail Solutions has been providing retailers around the globe with genuine Sensormatic brand solutions that address the most challenging loss prevention scenarios,” said Nancy Chisholm, Vice President and General Manager, Loss Prevention Solutions for Tyco Retail Solutions. “Our ongoing commitment to innovation ensures our customers will have the most effective anti-shoplifting technology available to reduce shrink and improve profitability.”
TYCO, ADT, SENSORMATIC and the product names listed in this document are marks and/or registered marks. Unauthorized use is strictly prohibited.
Filed under Store PerformanceKeywords EAS; shrink; retail operation; Store Performance
Published on 6/21/2012 Permalink