INDUSTRY: Grocery
Analyzing Risk Exposure:
Determining Security Allocations & Guiding Budgetary Decisions
Defining the Risks
A grocery chain that operates in the Southern United States locates its stores in
upscale neighborhoods, but is constantly thinking about the safety and security
of their customers. It turns to CAP Index for support in ensuring that their customers’
shopping experience is as secure as possible.
The company consulted CAP Index when making determinations regarding whether or
not to employ a full-time Loss Prevention specialist at the store. They also used
CAP data to conclude the exact number of cameras that should be placed in the store,
as well as the necessity of TV monitors and parking lot cameras.
Application & Results
According to the organization’s Vice President of Asset Protection, data from CAP
Index plays a significant role in determining the security measures taken at each
individual location. When the Vice President first joined the company, almost half
of their stores were open 24 hours a day, and there was an off-duty police officer
assigned to each store overnight.
However, after reviewing the CAP Index data, the retailer made a deliberate decision
to cut the overnight security force by 70 percent. With the data revealing that
there was no crime in most of the neighborhoods, it was not necessary to continue
spending the money on additional security personnel. Although there was initially
some concern among management that releasing the overnight guards might compromise
security, the data from CAP Index was able to demonstrate that security and safety
would not be sacrificed.
The grocery chain has also used CAP Index data to guide budgetary decisions, including
increases or decreases in headcount at a particular store. Ultimately, the data
allowed the company to save money, while continuing to maintain its strong focus
on customer safety and security. They are also reassured to know that CAP Index
data could back up its decisions, even in court, if necessary.