TechHub Electronics in Westlands, Nairobi, selling high-value electronics (phones, laptops, tablets), experienced KES 300,000 monthly in inventory shrinkage (theft and unaccounted losses) before implementing Royalmark POS. After implementing barcode scanning and comprehensive stock tracking, shrinkage reduced to zero.
The Theft Problem
The store owner, Mark Kariuki, couldn't track individual items. High-value products like iPhones and laptops would disappear, and he couldn't identify when or how. Employee theft and shoplifting were suspected, but without tracking, he couldn't prove it or prevent it.
Barcode Scanning and Tracking
Royalmark POS with barcode scanning tracks every product movement:
- Every sale is recorded with product barcode
- Stock adjustments require authorization
- Real-time inventory shows exact quantities
- Stock movement reports track all changes
- Serial number tracking for high-value items
Theft Prevention Results:
- Inventory shrinkage: KES 300,000/month → KES 0/month
- Theft incidents: 8-10/month → 0/month
- Annual savings: KES 3.6 million
- Employee accountability improved
- Customer confidence increased
Employee Accountability
The tracking system creates accountability. Every stock movement is logged with user identification. This deterred employee theft and enabled Mark to identify and address issues immediately.
Conclusion
Barcode scanning and comprehensive tracking eliminated KES 3.6 million annual losses from theft. For electronics stores and high-value retail, inventory tracking is essential for loss prevention.
