Crime Analytics for Retailers
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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