Excellent point I had not yet considered. Shrinkage is a huge...

Excellent point I had not yet considered.

Shrinkage is a huge cost of business for retail, equating to billions and billions of dollars lost annually.

Shekel have a number of products that address this concern (Capsule being the flagship technology).

However, their work with Madix is something we should not forget about.

https://www.businesswire.com/news/h...l-Brainweigh-Deliver-Ready-Made-Product-Aware

Madix Inc., the second largest retail shelves manufacturer in North America, and Shekel Brainweigh Ltd. (ASX: SBW), the leader in advanced weighing technology, today announced the availability of ready-made Product Aware shelves and solutions for the retail industry. The companies will launch Soter, a new concept Smart Shelf and Smart Safe, which cuts labor costs and reduces shrinkage by electronically securing high-risk SKUs.

Soter is a sophisticated alternative to traditional lock-and-key security cabinets that can be installed in either autonomous or fully staffed stores. The joint solution integrates Shekel’s weighing technology into Madix’s shelf designs for distribution across North America to new and existing customers.

“By seamlessly integrating Product Aware shelves into our hardware, our customers are armed with accessible data giving them reliable inventory visibility and assisting them in addressing over-stock and out-of-stock problems, as well as better control over shrinkage” said Steve Kramer, VP Sales, Madix. “For the retail industry, this is a defined competitive edge that promotes the opportunity to increase profitability.”