Medeco Security Locks Grocery Solutions Brochure

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Grocery Security Solutions

Industry Trends & Security Challenges

Retailers lose over $35 billion annually due to inventory theft within the store. This theft results in an average shrinkage rate of 1.42%; however, Grocery and Supermarket Retailers see an above average shrinkage percentage of 2.54%.*

The greatest portion of this theft is attributed to employee theft, 44% or shoplifting, 36%. 1 in 5 internal theft cases involve collusion with an outside partner.*

How Your Peers Address These Concerns

''There were times when we wondered how many keys were out there for certain stores and who was using them for what purpose. We were also spending anywhere from a hundred dollars to much more re-keying, even in one location,'' said Marcus Young, United Supermarket's Director of Asset Protection. ''We needed a system that would allow us to manage key access from a centralized location.''

Medeco XT eCylinder offers the features United Supermarket needed in a retail security system: no cost to re-key; the power to disable the key; the ability to change access levels and control access by time of day; shift work, after-hours work, or holiday staffing. Medeco XT even allows United Supermarket to monitor access to the trash compactor and track compliance.

*Hollinger, Richard & Adams, Amanda. (2012); 2011 National Retail Security Survey Report, Final Report.

Loss Prevention Locking Solutions

Medeco offers a variety of solutions across a broad security continuum, depending on your security needs. Medeco offers a mechanical upgrade to a high security cylinder, which offers patent protection that helps eliminate unauthorized duplication of your keys.

The Medeco XT electronic locking system lets you control and audit lock access and track each time someone opens, or attempts to open, an XT lock. With Medeco XT you have the power to schedule key-holder access, set each key's access expiration and easily generate audit trails and exception reports for each key and lock. All for a fraction of the cost of hardwired access control.

More control means increased revenue and minimized shrinkage. For more information go to www.medeco. com/retail or call 888-633-3261.

3625 Alleghany Drive P.O. Box 3075 Salem, Virginia 24153-0330 Customer Service: 1-800-839-3157