Crime Analytics for Retailers

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Crime Analytics and Trends

Transcript of Crime Analytics for Retailers

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Crime Analytics and Trends

What is SecurityGauge?

High Precision Crime Risk Analytics

Recalculated every 33 feet

Utilizes Crime Incidents from over 18,000 Agencies

Predictive Accuracy Consistently Exceeding 92%

Complete U.S. Coverage

Via Flat File, API or PDF Reports

Retail Applications

LP Resource Allocation

Employee/Customer Safety

Security Guard Staffing

Ecommerce Fraud

Retail Site Selection

= Profit Erosion Mitigation!

Use Case 1: Site Selection

Example 1: Retailer looking to move a store a relatively short distance to a higher traffic location with a better lease option.

Benefit: Due to ultra high (33 ft.) resolution of SecurityGauge, the retailer uncovered a high risk crime area within close proximity to the new location.

Result: Retailer was able to account for the difference in risk by allocating additional security resources.

Use Case 2: Allocating LP Resources

Example 2: Retailer looking to strategically allocate loss prevention resources across its stores nationwide.

Benefit: Crime scores are pulled fornew stores to help retailer objectively assess comprehensive threat risk.

Result: Retailer uses crime risk scores to determine which stores to monitor with local loss prevention resources versus more expensive corporate loss prevention resources.

Use Case 3: Employee Safety

Example 3: Retailer wanted to extend store hours later into the evening, but needed to ensure employee safety.

Benefit: Appended crime risk scores to all store locations in Excel batch mode, then sorted by score to identify high risk locations.

Result: Worked with retailer to establish a risk rating threshold to increase staffing in select locations to ensure employee safety.

Use Case 4: Security Staffing

Example 4: Retailer was looking to justify deploying security guards in certain high risk stores to further fortify the location and reduce shrink.

Benefit: SecurityGauge crime reports were used to identify the best store candidates for security guards and provided management with crime trends to justify the expense.

Result: Retailer was able to get budget approval and deploy guards with a higher level of confidence in select locations.

Crime Analytics and Trends