Exact(4)
When the nonprofit Highway Loss Data Institute surveyed insurance-claims data from 73 million vehicles nationwide in 1997, they concluded that cars with alarms "show no overall reduction in theft losses" compared with cars without alarms.
The report also noted that a 1997 analysis of insurance-claims data from 73m vehicles demonstrated that cars with alarms "show no overall reduction in theft losses" compared with cars without alarms.
But such an argument is specious: to offset New York's 60% reduction in theft this decade, the average cost of each claim would have to have soared by 150%.
The study, consisting of a questionnaire and follow-up interviews with the companies, concludes that those investing heavily in supply-chain security saw, among other items, a 29% drop in transit times, a 30% improvement in on-time shipping and a 38% reduction in theft from inventory.
Similar(56)
It also notes that Metropolitan Police intelligence indicates there was a reduction in thefts of iPhones after Apple introduced new security measures in its iOS 7 operating system update in September last year.
The feature could undercut the value of gadgets now trading on a global black market, leading to a sharp reduction in thefts.
The city also bucked the trend of increased property crimes with a 3% decrease, mostly coming from a reduction in thefts with 1,630 in 2012 compared to 1,724 in 2011.
Based on the available evidence it is difficult to determine the effectiveness of tags as a theft reduction measure, albeit there is suggestive evidence that more visible tags are associated with greater reductions in theft than less visible tags.
RetailNext, which has been around for five years, is now in more than 50 retail chains, he said, and users have seen double-digit increases in sales with it, plus substantial reductions in theft, or inventory shrinkage in retailer-speak.
Mindful of the aforementioned variability in outcome measures, if we assume that reductions in theft, shrinkage and shortage all denote positive outcomes associated with the introduction of tags, then across these eight studies we find mixed results.
In this scenario the offender proceeds to try to steal the item but the tag activates an alarm, which in turn mobilises staff and results in the offender being apprehended, thereby leading to reductions in theft.
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