Checkpoint Systems prevents shoplifting in Hong Kong

Checkpoint Systems, a global supplier of merchandise availability solutions for the retail industry, has introduced smart loss prevention and RFID solutions for Hong Kong retailers that can protect their high-value merchandise from loss and theft throughout the supply chain all the way from the manufacturer to the store.

Checkpoint has enhanced its Merchandise Visibility Solution with new labelling and RFID (radio frequency identification) technology which enable manufacturers to apply RFID-based tags at the point of manufacture cost-effectively. These RFID tags can be read throughout the supply chain, and enable each product to be tracked or located individually. Information about the product's location is automatically captured and verified against expected quantities in real time to help reduce on-hand inventory at the manufacturing facility or the warehouse.

Once merchandise reaches the store, retailers can determine exact item-level quantities using handheld readers that are compatible with Checkpoint's software and hardware to cycle-count merchandise in an entire department or a store in a matter of minutes. The solution helps to optimise operational efficiency by helping to reduce the time required to complete a stock count by an average 60-70%.

Retailers can keep track of the location and movement of their high-value items within the store using Checkpoint's new S3i solution, a wireless network that provides critical data and analytic intelligence such as inventory quantity.

Shop staff receive real-time notifications and alerts simultaneously via smart phones and other devices when merchandise protected with S3i devices is tampered with or moved in and out of designated zones so that they can respond quickly to prevent shoplifting. In addition, any removal of the S3i device with an authorised key is logged and can help reduce incidents of internal theft.

S3i can be deployed to create zones around high-risk merchandise and high-risk areas such as backrooms, fitting rooms, rest rooms and exits. With the technology, retailers are able to detect and deter shoplifting, organised retail crime and employee theft.

According to Ken Ng, Manager Director for Greater China at Checkpoint Systems, "We offer a full suite of solutions that give retailers the ability to openly display high-risk merchandise such as luxury handbags, designer apparel and electronics, while helping them to reduce loss and theft from the source to the shopper. The solutions also greatly improve the customer experience and allow secure access to these items, increasing the likelihood of a sale.

"Furthermore intelligent tracking of merchandise will help retailers reduce on-hand inventory and provide them with insight into store activity and customer shopping habits in store, which will help drive sales."

Checkpoint Systems has also developed enhanced state-of-the-art electronic article surveillance (EAS) solutions, including jammer detection technology at the store level. Integrated into antennas within the portfolio, the system identifies if an EAS 'jammer' has been brought into the store and activates an alarm, which alerts staff to the potential threat and acts to deter possible shoplifters. EAS jammers suppress the signal produced by the tags/alarms when near the anti-theft gates often placed at shop entrances and exits.

Business systems in Asia explored

Source: OUP.

The Oxford Handbook of Asian Business Systems, edited by Michael Witt and Gordon Redding, is the first book to explore business systems from India to Japan. 

According to publishers Oxford University Press, much of the existing literature within the "varieties of capitalism" (VOC) and "comparative business systems" fields of research is heavily focused on Europe, Japan, and the Anglo-Saxon nations. This is the first book to produce a detailed empirical picture of the institutional structures of most Asian nations and to explore the extent that existing theory applies to the Asian context.

The Oxford Handbook of Asian Business Systems aims to address this imbalance by exploring the shape and consequences of institutional variations across the political economies of different societies within Asia. 

Drawing on the knowledge of 31 leading experts, this book presents an empirical, comparative institutional analysis of 13 major Asian business systems between India and Japan. To aid comparison, each country chapter follows the same outline. Complementing the country chapters are eleven contributions examining major themes across the region in comparative perspective and linking the empirical picture to existing theory on these themes. A further three chapters provide perspectives on the influence of history and institutional change. The concluding chapters spell out the implications of all these chapters for scholars in the field and for business practitioners in Asia.

Michael A. Witt is a Professor of Asian Business and Comparative Management at the Singapore campus of INSEAD. He is also the General Editor of Asian Business & Management, an SSCI-listed journal on business and management in the Asian context. He is an Associate in Research at the Reischauer Institute at Harvard University, and has written a number of books, including The Future of Chinese Capitalism with Gordon Redding (OUP, 2007), Changing Japanese Capitalism (Cambridge University Press, 2006), and an eight-volume edited compilation of seminal contributions on Asian business and its institutional context, Major Works in Asian Business and Management (SAGE, 2012). 

Gordon Redding is based at INSEAD in Singapore, teaching Asian business. He holds an Emeritus Professorship at the University of Hong Kong where he taught for twenty-four years, and where he founded and directed the business school. He is also Secretary-General of the HEAD Foundation in Singapore, a think-tank devoted to regional issues of social capital and development via higher education. His books include The Working Class Manager (Saxon House), Spirit of Chinese Capitalism (de Gruyter), and The Enterprise and Management in East Asia (Centre of Asian Studies), edited with Stewart Clegg and Dexter Dunphy.

The 752-page paperback (ISBN 978-0-19-874542-6) was launched in April 2015, and costs £30. This book is also available as a hardback or an e-book. 

Other editions of this book have been quoted extensively. View the list on Google Scholar.