The
real secret to having good data is knowing exactly how to leverage it to maximum
advantage. For over 27 years,
CAP Index
has dominated the discipline it helped create - crime risk forecasting - in
large measure because of the creative application of its proprietary data. One
example is CAP Index's use of analytics to combine its industry-standard
CRIMECAST® Scores with company data to create customized risk assessments
that lead to insightful and actionable recommendations for security resource
optimization.
CAP Index also works with
leading trade associations to help them investigate key security and
loss-related issues, trends, and best practices and communicate the findings to
their members through research publications and presentations at annual
meetings.
In
collaboration with major industry associations like the American Bankers
Association, the Food Marketing Institute, the Loss Prevention Research Council,
the Restaurant Loss Prevention & Security Association, and the United Kingdom's
Fashion Forum, actual industry crime and loss information is often benchmarked
against authoritative
CAP Index
CRIMECAST Scores.
For both industry groups and for individual clients, Basia Pietrawska, CAP
Index's Vice President of Crime Intelligence Analysis explains, "We always
strive to do one thing: empower them to make decisions based on objective data
and statistics rather than subjective ideas about security and loss prevention."
The
results can be impressive. CAP Index created
customized risk assessment scores for a large apparel retailer and delivered
more than a 30% shrink reduction through an enhanced loss prevention strategy. A
sporting goods retailer used its customized risk assessment to optimize its
armored car allocation, which resulted in reduced losses and enhanced employee
safety.
"The applications are almost limitless, whether we are aggregating data for a
national association so its members can understand how they compare to industry
averages or helping one company examine its crime trends or another company
determine its most effective security measures, we are always helping security
professionals make data-driven decisions," explains Pietrawska.
If you want help understanding what to do with your data, contact
CAP Index.
By performing a complimentary exploratory validation study,
CAP Index
can combine their proprietary data with your company's information to determine
what data-driven decision-making options may be possible for you. To find out
what yet-to-be discovered intelligence is hidden in your data,
click here to sign up for CAP's free, no obligation validation study.