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October 9, 2024

ShopRite’s Shrink Reduced by 43% with Veesion

Veesion has helped us decrease our shoplifting shrink by over 43%. It represents about $100,000 savings to us.

Discover how ShopRite of Passaic in New Jersey has elevated its security suite to a whole new level with Veesion’s cutting-edge AI technology.

Hurdles in Store Surveillance

Before Veesion, ShopRite of Passaic faced the daunting challenge of monitoring 1,000 to 2,000 shoppers simultaneously, all while managing over 160 cameras. Keeping an eye on every customer felt impossible.

However, with Veesion’s proactive real-time video alerts, monitoring each shopper and preventing theft became a reality.

Veesion’s AI Solution

In the past, staff were tied to monitoring more than 160 cameras throughout the day to manage stock and notify managers about discrepancies, resulting in a tedious review process.

Now, Veesion’s AI technology automatically identifies suspicious activities, capturing crucial video snippets and sending immediate alerts to Rafael and his security team at the first sign of theft.

Seamless Integration

Installing Veesion was a breeze, seamlessly blending with the existing security system. “It creates peace of mind in management for sure and definitely in the security suite for sure” Rafael mentioned.

In summary, ShopRite of Passaic has fully embraced the advantages of Veesion’s AI technology, reducing shoplifting shrink by 43%, which translates to approximately $100,000 in savings.

“Veesion in 3 words: Savings, Peace of mind, and Value”, Rafael concluded.

Discover what Veesion can do for you. Do you have one or more stores?

Our team will contact you within 48 hours