In the spirits beverage manufacturing industry, where valuable products and quality assurance are paramount, security plays a critical role. Protecting your facility against theft and preventing spills not only safeguards your bottom line but also preserves the integrity of your high-quality spirits.
For example, just recently, Thieves in Florida steal more than $1.6 million in alcohol from US distributor | CNN.
In this case, it was just inventory that was lost. Granted, it was a significant amount. Inventory is often insured and nearly always replaceable. These thieves knew what they were doing. They surveilled the facility for some time. They knew exactly when it would be most vulnerable and they knew how much time they had. That much inventory takes hours to move. Thankfully, it was not a terrible tragedy. Those happen everywhere and are extremely difficult to predict. This was preventable. It would have never happened had a top level security firm been there.
In this blog post, we will explore how a private security company can help you address both theft and spillage, ensuring the continued success of your spirits beverage manufacturing operation.
The production and distribution of spirits involve unique security challenges. Private security companies specializing in the spirits industry bring extensive experience and expertise to the table. They understand the specific vulnerabilities related to high-value alcohol products and the unique security needs of your operation.
A private security company will conduct thorough security assessments specifically tailored to the intricacies of spirits manufacturing. By identifying vulnerabilities within your facility, they help you implement safeguards to deter potential threats, both internal and external.
Every spirits manufacturing facility is distinct, and a one-size-fits-all approach to security won't suffice. Private security experts design customized security plans that align with your specific goals, whether it's theft prevention, spillage reduction, or enhancing overall security.
The high value of spirits products makes them attractive targets for theft. Employee Theft
is an unfortunate consequence of running a business. Despite one’s best efforts, it’s always possible to hire someone who has the potential to steal from their place of work.
Ultimately, our research team concluded that:
Private security companies employ a multifaceted approach to theft prevention, including:
Preventing spills is equally crucial to maintaining your operations and adhering to environmental regulations. A private security company can help with spillage prevention by:
Now, Let’s talk about Inventory Shrinkage. This is when you have less inventory than you should. Something is causing items to go missing before the point of sale. And inventory shrinkage isn’t just a retail problem. It affects every stage of the supply chain from the point of manufacture.
If you’ve got shrinkage, there’s good news: Shrinkage is unavoidable. Every business will run some level of inventory shrinkage. You just need a shrinkage calculation to uncover it and there’s more good news: You can lower it.
Here’s a shrinkage formula for calculating inventory shrinkage:
Shrinkage Rate = (Recorded Inventory - Actual Inventory) / Recorded Inventory
As we are discussing spirits, we’ll use a bar as an example. Let’s say a bar takes inventory and counts 71 bottles of vodka and that they’ve sold none of those bottles. If they recorded receiving 72 bottles of that spirit from their supplier, the shrinkage calculation would look like this:
Shrinkage Rate = (72 - 71) / 72
Shrinkage Rate = .014 or 1.4%
Conclusion
In the spirits beverage manufacturing industry, a private security company is an invaluable partner that addresses the dual challenges of theft and spillage. Their specialized expertise, customized security solutions, and unwavering protection are essential for safeguarding your high-value spirits and preserving your brand's reputation. Invest in a private security company to ensure the security and integrity of your spirits beverage manufacturing operations, protecting your assets and delivering the quality your customers expect.
We can prevent anything such as theft, spillage, or inventory shrinkage from happening again (or ever happening).