You might have noticed first hand an increase in theft this past year, so it’s no surprise for you to learn that Organized Retail Crime (ORC) is on the rise. Did you know that in 2020, ORC cost retailers around $700,000 per $1 billion in annual retail sales? And many of those groups are reselling the stolen merchandise online using third-party marketplaces for a lower cost, which could impact your overall sales. 

If you’re wondering how to strengthen your retail security strategy to deter ORC, then you’re in the right place. As ORC groups continue to grow smarter, you need to do the same. Thankfully there’s a new technology on the market that can make all the difference towards deterring ORC — Internet of Things (IoT). 

This article will bring you up to speed on IoT for loss prevention and the latest IoT anti-sweep solution that retailers are successfully using right now! 

More About IoT for Loss Prevention 

IoT technology allows you to connect multiple internet-based devices. You can use this connection to send urgent notifications to your employees. Recently at PPS, we’ve been on a mission to share the advantages of IoT loss-prevention devices with the industry. In our recent articles, we’ve been discussing its benefits in retail, so to keep it brief, here are some of the most significant advantages of using IoT loss prevention devices. 

  • Receive real-time, accurate stock-level notifications
    • No more out-of-stock scenarios
  • Gather and share data with staff on product removals
  • Learn how often your staff are restocking shelves
  • Connect to virtually any communication device:
    • Walkie talkies
    • Headsets
    • Apple Watches
    • Cellphones  

Continue Learning More About IoT

Read about elevating your current loss prevention strategies with IoT and learn how simple IoT is to use.

Adding an IoT Shield to Your Retail Security Lineup  

You can incorporate IoT into your current retail security by adding one new loss-prevention device to your strategy. One IoT-enabled device can successfully connect to the rest of your internet-based devices. Since this is a comparatively new technology for our industry, we found a company skilled at developing products with IoT, IMCo Solutions. Based in Germany, the IMCo team works with C-level retailers combating the same situations as US retailers, ORC shelf sweeping. 

To assist their customer’s battles against ORC, the IMCo team created a product line that uses IoT (which acts as a shield against these criminals). One of the devices from their in-store analytics line is the Easy Glide. This device’s intelligent design works exceptionally well for heavy, round, and odd-shaped merchandise. 

Glide into ORC Deterrence with a Shelf-Ready Solution 

IMCo’s Easy Glide can become the “ORC Shield” for your retail security strategy. Here’s how the product’s main features can assist you in effectively deterring ORC. 

Set ORC Alerts Using IoT

IMCo devices offer many customizable notifications. One alert, in particular, focuses on ORC deterrence. You can set up an alert on product removals, and if someone removes a certain number of items quickly, it immediately notifies your staff.

Adjustable Design 

It allows you to use it with several different-sized products, so you’re constantly securing the biggest ORC target items. 

Customer-Friendly, ORC Unwelcoming Design 

Keeps the customer in mind by using a low frictional base so products smoothly glide out. Additionally, the unit releases a beep for every product removal, which draws attention to the shopper. Since thieves prefer to go unnoticed, this sound deterrent keeps ORC groups away from your merchandise. 

IoT Is Only the Beginning | Learn How It Can Shield Your Store

It’s easy to see that IoT loss prevention devices can provide you with significant ROI benefits, one being ORC deterrence. Contact us for specific details on retailers’ success rates with IMCo’s IoT in-store analytics line of devices!