LONDON – Jumbo Supermarkets, the Netherland’s second largest supermarket chain, today became the latest global retailer to invest in Sysrepublic’s SECURE loss prevention solution.
Jumbo is rolling out SECURE across its 600 plus stores, including those recently acquired in its purchase of the C1000 convenience chain. This will ensure the brand can maintain its low prices whilst continuing to expand in the retail sector, protecting profits from being impacted by fraud and loss.
SECURE STORE monitors every transaction at the point of sale, immediately alerting investigators to possible fraudulent activity or business processes that are acting against the best interests of the company. Often these are the result of conflicting product pricing or promotions, however it will also detect employee theft and fraud – immediately alerting an investigator to minimise profit loss.
Jumbo joins an impressive roster of top global retailers currently using Sysrepublic’s SECURE solution, including Tesco, Marks & Spencer, IKEA, GAP and Walmart. As the most advanced loss prevention solution available to retailers today, SECURE is proving a powerful tool at the disposal of Jumbo’s Security Specialist, Hans Mathot.
“We really put Sysrepublic to the test by running the solution against our data and looking for results,” said Hans. “What differentiates SECURE STORE is the degree of control and flexibility available to Loss Prevention and Security personnel, without the need for technical expertise. Jumbo will quickly be self-sufficient, maximising the performance of our people.”
Sysrepublic recently announced that SECURE is now responsible for reviewing 67% of retail grocery transactions conducted in the UK.
Sysrepublic is a market leader providing integrated loss prevention solutions, including POS, Stock and On-Line, serving the global market. The company’s flagship software solution, SECURE, is used by retailers worldwide to detect and prevent employee fraud and non-compliant processes. Sysrepublic SECURE protects over 30,000 retail outlets worldwide processing 400 million transactions per day in over 20 countries. Customers include Tesco, Marks & Spencer, ASDA, Sainsbury, HMV, IKEA, 7-Eleven, Safeway, GAP, Stein Mart, WinCo Foods, Wegmans, Walmart and other top global retailers. Sysrepublic has offices in London, Los Angeles and Warsaw.
For more information, visit www.sysrepublic.com.