One of the most overlooked areas of losses in a retail establishment is vendor fraud or vendor theft. Most of the time we associate vendor theft with either large box/department stores, or with high-end boutiques. The harsh reality is that vendor fraud is relatively easy to commit when a liquor store has minimal liquor bottle security, or just minimal security in general.
We see the soda vendors frequently committing fraud in restaurants or other general store situations. One of the most common ways is by falsifying the shipments. Either they don’t deliver all of the product they invoice for, or they take additional product back that they don’t give credit to the store for.
Liquor distributors are no different, especially if the individual reps work on commission. It is important to verify the manifests on each of the shipments to the actual product being received. I see situations where instead of a premium liquor being delivered, the store gets a case of well instead.
Another way the vendors steal from you is by taking back outdated product and either taking extra bottles, or by taking more expensive bottles than what they give you credit for.
If you can, use the Alpha Security EASy bottle bottle locks, for liquor bottle security, to prevent this kind of switch. The vendor can’t take the high-end goods that still have bottle locks. You can then verify each bottle is correct and that were given proper credit from the vendor.
Visit the Loss Prevention Store to purchase EASy Bottle bottle locks by Alpha Security and your Electronic Article Surveillance or EAS system.
For more information on Alpha Security, Bottle Lock, Bottle locks, Bottle Security, EASy Bottle or Liquor Bottle Security and how they can work with your Electronic Article Surveillance or EAS system contact us or call 1.866.914.2567