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Presented by Graeme Bergmeier
Director of Operations, MICROS-Retail Asia Pacific
With over 40 years
With over 40 years experience with MICROS in providing IT systems to the
three MICROS verticals: Retail, Food and Beverage and Hospitality and direct
involvement with MICROS loss prevention analytics for the past ten years,
Graeme has extensive knowledge of the loss prevention requirements of
these industries.
Introducing Graeme Bergmeier
Global Shrink Overview
The average shrink at a retailer in India is 2.7%
(the largest percentage of any country in the world.)
For an Indian retailer that does $100,000,000.00 USD
(₹5,898,040,000.00 INR) in revenue per year, that amounts to
$2,700,000.00 USD or approximately:
₹159,244,962.71 INR annual losses
Average Indian Retail Shrink in Rupees
Where/How Employees Steal
POS Fraud Value – identified theft
10% of your employees
would never steal from you.
10% of your employees look
for every opportunity to
steal from you.
Are my Employees Honest?
10%10% 80%
80% of your employees are
opportunistic based on many
factors.
10%
30%
40%
50%
70%
20%
80%
60%
8 of 10 Employees decide to steal or not based on internal controls
POS used as till
to add up
value of order
Guest hands
over cash for
full value
Once guest has
moved on, all
items are
removed and a
low value item
entered instead
$0.50 goes into the till, $34.45 goes
into the pocket…..allegedly!
XBRi - Theft or operator error? You make the call!
Global customers
BI Meets Employee Fraud
250 chains around
the globe
• Refund Fraud
• Pass Off’s
• Unauthorized Discounts & Price Overrides
• Line Voids, Post Voids & Cancels
• Gift Card Fraud
• Sales Under Threshold
• Coupons & Promotional Pricing
• Employee Discount Abuse
How Employees Steal - POS
Focus on Key KPI’s
Risk Activity and ROI
Dashboard
Visualize Data
Exception Reporting
Trends & Alerts
Tie to Video
Mobilize Analysts & Users
Be Prepared!
• Cultural
• Human Resources
• Theft/Policy/Training
• Professional Analysts
and Interviews
$960,000.00
$970,000.00
$980,000.00
$990,000.00
$1,000,000.00
$1,010,000.00
$1,020,000.00
$1,030,000.00
$1,040,000.00
$1,050,000.00
Week -4 Week -3 Week -2 Week -1 Interview Week 1 Week 2 Week 3 Week 4
Week -4
Week -3
Week -2
Week -1
Interview
Week 1
Week 2
Week 3
Week 4
Soft ROI
• Sales Uplift
• Margin Gains
• 11.5 Factor Dishonest Employees
Retail Shrink in India – 2.7 %
Employee Losses – 1.1%
For $100,000,000 USD or $1.1M
Or ₹62.6 INR
20% Reduction=
$220,000 profits or ₹ 12.8 INR
Hard ROI
Micros retail asia pacific
Micros retail asia pacific

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Micros retail asia pacific

  • 1. Presented by Graeme Bergmeier Director of Operations, MICROS-Retail Asia Pacific
  • 2. With over 40 years With over 40 years experience with MICROS in providing IT systems to the three MICROS verticals: Retail, Food and Beverage and Hospitality and direct involvement with MICROS loss prevention analytics for the past ten years, Graeme has extensive knowledge of the loss prevention requirements of these industries. Introducing Graeme Bergmeier
  • 4. The average shrink at a retailer in India is 2.7% (the largest percentage of any country in the world.) For an Indian retailer that does $100,000,000.00 USD (₹5,898,040,000.00 INR) in revenue per year, that amounts to $2,700,000.00 USD or approximately: ₹159,244,962.71 INR annual losses Average Indian Retail Shrink in Rupees
  • 6. POS Fraud Value – identified theft
  • 7. 10% of your employees would never steal from you. 10% of your employees look for every opportunity to steal from you. Are my Employees Honest? 10%10% 80% 80% of your employees are opportunistic based on many factors. 10% 30% 40% 50% 70% 20% 80% 60%
  • 8. 8 of 10 Employees decide to steal or not based on internal controls
  • 9.
  • 10.
  • 11. POS used as till to add up value of order Guest hands over cash for full value Once guest has moved on, all items are removed and a low value item entered instead $0.50 goes into the till, $34.45 goes into the pocket…..allegedly! XBRi - Theft or operator error? You make the call!
  • 12.
  • 14. BI Meets Employee Fraud 250 chains around the globe
  • 15. • Refund Fraud • Pass Off’s • Unauthorized Discounts & Price Overrides • Line Voids, Post Voids & Cancels • Gift Card Fraud • Sales Under Threshold • Coupons & Promotional Pricing • Employee Discount Abuse How Employees Steal - POS
  • 16. Focus on Key KPI’s
  • 17. Risk Activity and ROI Dashboard Visualize Data
  • 22.
  • 23.
  • 24. Be Prepared! • Cultural • Human Resources • Theft/Policy/Training • Professional Analysts and Interviews
  • 25. $960,000.00 $970,000.00 $980,000.00 $990,000.00 $1,000,000.00 $1,010,000.00 $1,020,000.00 $1,030,000.00 $1,040,000.00 $1,050,000.00 Week -4 Week -3 Week -2 Week -1 Interview Week 1 Week 2 Week 3 Week 4 Week -4 Week -3 Week -2 Week -1 Interview Week 1 Week 2 Week 3 Week 4 Soft ROI • Sales Uplift • Margin Gains • 11.5 Factor Dishonest Employees
  • 26. Retail Shrink in India – 2.7 % Employee Losses – 1.1% For $100,000,000 USD or $1.1M Or ₹62.6 INR 20% Reduction= $220,000 profits or ₹ 12.8 INR Hard ROI

Editor's Notes

  1. Source – 2010 Global Shri