Shrinkage costs European retailers an estimated €32 billion per year. In the US, the largest cause of supply chain shrinkage is internal (employee) theft. A 2006 survey put losses from this cause at $19.5 billion, representing nearly 47% of the total shrinkage problem caused by theft along the supply chain. Shoplifting, the second biggest problem, accounts for $13.3 billion – almost a third of the shrinkage losses.
The national and international shipment and storage of high-value and sensitive items is an essential part of today’s highly-integrated supply chain. Keeping these goods secure poses tremendous challenges for industry.
 
Our Intelligent Object Tracking System allows the individual tagging and real-time monitoring of your high-value or sensitive products with affordable tags that cannot be read by unauthorised readers, ensuring their confidential and secure shipping and storage. Furthermore, our Silent Tags are fully compliant with the EC recommendations on privacy so they do not require removal or de-activation at the point of sale thus offering acceptable and reliable retail security.
For example, our Intelligent Object Tracking System can help combat shoplifting by registering the precise moment when an item was taken off the shelf. This valuable information can then be combined with that of other surveillance systems to identify the person or circumstances associated with the removal of the item. Similar examples apply to the tagging of confidential designs, radioactive products, sensitive chemical products, and high-value items such as jewellery, electronic products and designer watches and spectacles.
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