Senseon Fact Sheet: Answering Many Access Security Challenges Retailers Face

What are retail security challenges?

Retail stores selling jewelry, boutique items, consumer electronics and other expensive merchandise face a two-pronged challenge: They need to better protect valuable inventory but also make it easily available to customers in attractive cabinetry on the sales floor.

  • U.S. retailers’ inventory shrinkage totaled $45.2 billion in 2015, up by $1.2 billion from 2014, according to the 2016 National Retail Security Survey.
  • Nearly half (47%) of retailers answering the National Retail Security Survey reported increases in shrinkage in 2015.
  • Fear of theft is the No. 1 fear for jewelers, according to an INSTORE magazine poll of its Brain Squad.

Traditional ways of securing jewelry and other valuable merchandise are problematic:

  • 46% of consumers say the retail process takes too long, 32% don’t like waiting for a salesperson to unlock a cabinet to show merchandise, and17% feel uncomfortable when a salesperson uses a key, according to the 2014 UCLA Executive MBA Retail Consumer Study.
  • Only 45% of retailers rate their in-store customer experience highly, according to a 2016 study by Forbes Insights and EY.
  • INSTORE reported that in addition to theft, jewelers worry about losing a customer’s trust, angry customers, and customer abandonment.
  • Mechanical locks are unreliable, cumbersome, ugly, time-consuming to install, subject to callbacks, and expensive to repair or replace. They also invite thieves.
  • Metal keys can easily be lost, stolen, broken or duplicated.
  • Outdated access control methods prolong shopping and cause distractions, reducing sales.

What is the retail security solution?

Senseon® Secure Access Control System is:

  • The most adaptable, effective, cabinet-level electronic access control system for protecting high-end merchandise and consumer electronics – more reliable, efficient, and customer- and user-friendly than keys and mechanical locks
  • Transforming how retailers and other commercial establishments protect and manage access to valuable contents
  • A keyless, concealed, electronic locking system that uses radio-frequency identification (RFID) technology
  • Backed by patented technology from world-leading Accuride® International
  • Benefiting commercial establishments, such as jewelry, boutique and consumer electronics
  • The go-to access control system for designers, makers and operators of cabinets, case goods and fixtures

Senseon provides a unique combination of benefits, including:

  • Easy installation and use – no electrical or wiring knowledge needed.
  • RFID readers that can control up to 15 drawers or doors; users can add, remove or change users.
  • Utmost reliability – Senseon can withstand up to 250 pounds of break force; that’s 400% stronger than a traditional lock and key.
  • Impervious to power outages.
  • Seamless integration with new or existing cabinetry (including display cases) of all shapes, sizes, materials and designs, as well as other access control systems.
  • Concealed, electronic locks – hidden from thieves, enabling seamless design.
  • No hard keys required.
  • Auto-relocking, so users can close a drawer or door and walk away from it.
  • Driven by patented, proven technology.
  • Can be used with an RFID card, FOB or bracelet.

New products:

Product expansion in March 2017 adds:

5EL: a standalone, invisible e-lock for display cases with sliding doors

  • Works with glass, wood or any other material, of any thickness and nearly any design.
    • Low-profile design and can be mounted horizontally or vertically.
    • Can be concealed using a decorative panel (included) or mounted below a subfloor, or false bottom.

10EL: a side-mounted drawer catch for retrofitting existing cabinetry

  • Enables upgrades to existing cabinets with slides that have a half-inch profile.
  • Can be mounted on the side of or underneath a drawer.
  • More seamless designs.

3135ECEL: a hidden undermount drawer slide with integrated e-lock

  • Easy close functionality
  • Full extension and fluid movement
  • Seamless integration

38TREL: a concealed side-mount drawer slide with integrated e-lock

  • Touch-release functionality
  • Full extension and fluid movement
  • Manual override
SEE SENSEON PRODUCTS
April 13th, 2016|Newsroom|