In the retail industry, a historical issue facing is that you work hard for the revenue but unknown losses happen every day.
Shrinkage — a pinpoint for all retail owners, what is caused by loss of inventory due to theft, internal fraud, or administrative errors. The average loss from total sales is up to 1.4% to 2% annually.
The 3 Core Reasons Why the Old System Can't Work
Normally it's a CCTV video system already installed, but it's impossible to offer the effective evidences because of the terrible quality.
No Clear Images Provided
When the dispute of payments occurs, the cash details aren't able to be captured clearly. Moreover, if theft happens at night, only noisy footages there.
Difficulty of Checking Internal Fraud
Nearly 30% shrinkage comes from employees. Fake refunds, not scanning items for friends are the common events daily. It would be a challenge to find out the suspicious behaviors from a big mount of recordings.
Frequent False Alerts Bring Anxiety to Your Life
Traditional Motion Detection is based on a Low fault tolerance rate algorithm, that means it's easy to trigger by some slight movement, like fallen leaves or passed-by animals. The false notifications are pushed to your phone immediately, they are not what we want.
How to Pick the Right Retail Security Camera System
Without any doubt, a high quality and performance camera system, the following highlights should be considered.
The camera must record all details about the customer's faces, the process of charging and operation, avoid the customer's dispute. It requires a ultra-high resolution camera installed, for example 4K or 5MP with fixed lens at the front of cashier desk.
Need Ultra wide view, for example, the dual lens camera offers panoramic 180° field of view, to assure it capture all goods shelves. It reduces the number of cameras and eliminates the blind spots.
AI-based vision to detect human and faces with high accuracy. It filters out the possible leaves or any other unconcerned movements, only alerts the notifications when persons enter to the cashier area or warehouse illegally.
Active Deterrence is an advanced feature to linkage the detected events to light up and sound like sirens to warn off the suspicious intruder.
A Series of Benefits That You Will Gain from 4COVR Camera System
Discover how 4COVR's comprehensive security solution addresses every pain point of retail operations.
Easy Installation & Stable Performance
Thanks to the POE technology, it makes the installation and management become easier. You never worry about stability based on full wiring connection, absolutely better than wireless cameras.
Configurable Recording Retention
Configurable Recording Retention, for example 7 days or 1 month, is up to the direct volume of the hard disk plugged. Also you can set a suitable recording schedule with high compression rate to save the recording space, like H.265 supported.
Best Mobile App Experience
4COVR system has no monthly subscription but free App. That means you can manage all the devices over mobile app anytime and anywhere. Fluent live view, remote playback, Realtime events push, just need a hardware payments.