TALLY Announces Results from
Customer Incident Data
Over 50 high traffic locations &
40,000 incidents reviewed.
Longmont, CO - December 20, 2022 --
Tally Retail Solutions LLC
announced today findings from an analysis of nearly 40,000 individual alerts
captured on the Tally ORC Early Warning System TM (EWS). The analysis covered
alerts for deterred thefts, recovered merchandise, shoplifting, as well as
customer and store operations activities. Categories monitored were Energy
Drinks, Liquid Detergent, Baby Formula, Liquor and Health & Beauty Care.
The Tally ORC EWS provides retailers a proven and effective on shelf inventory
monitoring tool and incident reporting platform to combat ORC, customer theft,
and manage inventory levels, in real-time. Customer results continued to prove
the Tally ORC EWS is a strong deterrent to all forms of customer theft
especially ORC and provides on shelf availability status alerts. The Tally ORC
EWS does not require any additional store labor; retailers simply merchandise
products as they normally would. No unlocking of cabinets, taking tickets to
customer service, or removing cumbersome security devices. Honest customers have
full-unimpeded access to products on the shelf while dishonest customers are
deterred from stealing.
"Offenders are 4 times as likely to stop a theft attempt
once the Tally ORC EWS activates"
"Our customer recorded incident analysis of
deterred and recovered events showed that the Tally ORC EWS is 4 times more
likely to deter thieves without any additional associate interaction. Most
offenders, upon hearing the paging announcement, returned the products to the
shelf or abandoned the cart and left the store. Those who continued with the
theft attempt, when approached by store personnel, gave up the merchandise and
exited the store without incident, maintaining the safety of associates and
customers," said Sean Ryan, Chief Revenue Officer. He continues, "Perhaps the
most interesting finding was that in a majority of the reviewed incidents there
were additional items recovered, which were not on Tally protected shelves.
These products included, frozen seafood, meats, and various other general
merchandise. These results confirmed a second positive effect whereby a wide
range of products were protected with a minimum of Tally shelves deployed
resulting in a true force multiplier and larger overall reduction in shrink."
About Tally Retail Solutions
Tally works with Retailers and Consumer Products Manufacturers to
implement innovative technologies that reduce shrinkage and increase sales and
profits for each. Tally's leadership has over 75 years of innovative technology
development, sales, and marketing expertise.
Our products are proudly designed and assemble in the USA.
"No tags, no keepers, no locking cabinets.
The way merchandising was meant to be!"
™
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