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Biometrics “Improving Retail’s Bottom Line” PowerPoint Presentation
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Biometrics “Improving Retail’s Bottom Line”

Biometrics “Improving Retail’s Bottom Line”

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Biometrics “Improving Retail’s Bottom Line”

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  1. Biometrics “Improving Retail’s Bottom Line” Biometrics can reduce operating costs Biometrics can increase profits Biometrics satisfies OSHA and prevents fines

  2. Biometrics “Improving Retail’s Bottom Line” Regardless of the industry, operations managers face the same questions: • How do I minimize my inventory loses (i.e. shrinkage)? • How do I discourage employees/customer theft? • How do I prosecute those caught stealing (i.e. audit logs/evidence)? • How do I control rising insurance costs? • How do I limit my risk for law suits and government fines? Property of Bio Touch Solutions

  3. Biometrics “Improving Retail’s Bottom Line” Regardless of the industry, operations managers face the same challenges: • What OSHA regulations effect me? • How do I limit my risk against OSHA non-compliance? • How do I create a safer environment for my employees & customers? • Am I helping protect our “brand’s image”? • How am I securing our customers’ personal confidential information (PCI)? • Am I PCI and/or HIPPA compliant? Property of Bio Touch Solutions

  4. Biometrics “Improving Retail’s Bottom Line” 2010 Facts & Figures • U.S. retail sales: $4.17 trillion • $37 billion LOST to theft • 43% by employees and 33% by customers National Retail Security Survey (NRSS) Property of Bio Touch Solutions

  5. Biometrics “Improving Retail’s Bottom Line” Facts & Figures In 2010 OSHA issued over 94,000 safety-related citations for violations resulting in MILLIONS of dollars of fines. Past fines issued Big Box $135,540 Supermarket$79,200 Supermarket $185,500 Distributor $239,000 Supermarket $322, 410 Movie Theater $275,000 Property of Bio Touch Solutions

  6. Biometrics “Improving Retail’s Bottom Line” OSHA’s Top Ten Safety Violations in 2010 …Can you pass an OSHA inspection? Property of Bio Touch Solutions

  7. Biometrics “Improving Retail’s Bottom Line” OSHA’s Top Ten Safety Violations in 2010 …Can you pass an OSHA inspection? Property of Bio Touch Solutions

  8. Biometrics “Improving Retail’s Bottom Line” OSHA’s Top Ten Safety Violations in 2010 …Can you pass an OSHA inspection? Property of Bio Touch Solutions

  9. Biometrics “Improving Retail’s Bottom Line” OSHA’s Top Ten Safety Violations in 2010 …Can you pass an OSHA inspection? Property of Bio Touch Solutions

  10. Biometrics “Improving Retail’s Bottom Line” OSHA’s Top Ten Safety Violations in 2010 …Can you pass an OSHA inspection? Property of Bio Touch Solutions

  11. Biometrics “Improving Retail’s Bottom Line” OSHA’s Top Ten Safety Violations in 2010 …Can you pass an OSHA inspection? Property of Bio Touch Solutions

  12. Biometrics “Improving Retail’s Bottom Line” OSHA’s Top Ten Safety Violations in 2010 …Can you pass an OSHA inspection? Property of Bio Touch Solutions

  13. Biometrics “Improving Retail’s Bottom Line” OSHA’s Top Ten Safety Violations in 2010 …Can you pass an OSHA inspection? Property of Bio Touch Solutions

  14. Biometrics “Improving Retail’s Bottom Line” OSHA’s Top Ten Safety Violations in 2010 …Can you pass an OSHA inspection? Property of Bio Touch Solutions

  15. Biometrics “Improving Retail’s Bottom Line” OSHA’s Top Ten Safety Violations in 2010 …Can you pass an OSHA inspection? Property of Bio Touch Solutions

  16. Biometrics “Improving Retail’s Bottom Line” Well-planned deployments of biometric technology can reduce much of these losses, while also creating safer, more comfortable working environments for your employees. Property of Bio Touch Solutions

  17. Biometrics “Improving Retail’s Bottom Line” What is Biometrics? Instead of the traditional use of keys or passwords to verify a person’s identity, biometrics uses a person’s unique biological characteristics to identify them. Examples of biometric identifiers include: • Fingerprint • Hand geometry • Voice • Face Property of Bio Touch Solutions

  18. Biometrics in the Workplace Property of Bio Touch Solutions

  19. Biometrics“Improving Retail’s Bottom Line” What are the benefits of biometrics? • Personal control • No handing off of keys • No sharing of codes • Individual accountably • Reducing liability through assured authorization Property of Bio Touch Solutions

  20. Biometrics “Improving Retail’s Bottom Line” Biometric Applications • Machinery (balers/compactors) • Time & Attendance (time clocks) • Heavy equipment (fork lifts, power jacks) • Work Flow (time stamp for production) • Vehicles (EMS, Fire, Police, Fleet cars) • Access control (doors & gates) • PC & Server User access Property of Bio Touch Solutions

  21. Biometrics “Improving Retail’s Bottom Line” Benefits • Reduces inventory shrinkage • Reduces government fines and civil lawsuits • OSHA compliance - safer work place • PCI compliance – protect customer records • HIPPA compliance – protect patient records • Payroll savings • Prevents hourly-wage employees from buddypunching (co-workers fraudulently punching in/out for each other, thus receiving unearned wages). Property of Bio Touch Solutions

  22. Property of Bio Touch Solutions

  23. Bio Touch Solutions Scott Bohm VP Business Development & Services sbohm@biotouchsolutions.com biotouchsolutions.com 732.259.4014 Property of Bio Touch Solutions