SeeTec BVI Retail – Reduction of theft & fraud, support of processes and decisions

If you believe recent surveys to be true, commercial damage in Germany caused by retail shrinkage accounts for about 3,8 billion Euro per year – this is one per cent of the total turnover of this industry. More than half of this is caused by shoplifting. Another 40 % of the total amount can be related in equal terms to employees and suppliers. The retail industry’s answer to this enormous volume of damage is obvious: prevention and investigation by combining traditional article surveillance and intelligent video technology. Video-based systems do not only reduce retail shrinkage. They can also be used to better understand customers and their buying behaviour and to optimize the sales approach. SeeTec Cayuga BVI Retail provides solutions for both requirements. Have a closer look at the SeeTec Retail solution.