Combatting challenges for seasonal businesses is often met by hiring a temporary workforce. While these temporary employees play a critical role in ensuring smooth operations during peak periods, they also introduce unique challenges, particularly regarding security.
Retail inventory losses continue to increase yearly and have skyrocketed in recent years, impacting the retail industry negatively. According to the National Retail Federation (NRF) most recent National Retail Security Survey for 2023, the average shrink rate in fiscal 2022 increased to 1.6% compared to 1.4% in 2021. The total shrinkage for 2022 amounted to $112.1 billion in losses in that year alone, a 19.4% increase from the $93.9 billion reported in 2021.
There are significant security risks associated with managing a temporary workforce. Key control security measures deter organized retail crime and safeguard facilities during peak seasons.
The seasonal workforce is an essential part of the retail industry. However, it also poses significant security challenges. When managing temporary workers, companies face an increased risk of security breaches.
The risks to seasonal workforce security are not just theoretical, they can directly impact a company’s bottom line, leading to theft, inventory loss, and legal liabilities. Not to mention the disruption to operations caused by security breaches can harm a business's reputation and customer trust.
Businesses often turn to master key lock systems and other key control solutions to mitigate security risks. Master key lock systems offer several advantages that address the challenges associated with managing a temporary workforce. Here's what to consider regarding the benefits of key control systems for franchise owners.
Master key systems provide businesses with an optimized and secure method of granting access to various areas of their facilities, tailoring who can access what. For example, managers and supervisors can access all facility areas with a single key, while individual workers are only given keys for the specific areas they need to access, reducing the number of keys circulating in the workplace.
A key control system enhances worker accountability through the tracking of activity, identifying who has access to which keys, and when they were used. This provides businesses with a record of key activity, helping to prevent unauthorized use or key misplacement. Accountability is crucial for maintaining trust and security—especially during periods of high turnover when seasonal workers are coming and going.
Master key systems, especially those integrated with key management software, minimize the risk of key loss by ensuring access is tightly controlled and monitored. A lost or misplaced key is easier to identify who was responsible and take swift action (like deactivating the lost key or rekeying affected locks). This reduces the overall security risk associated with missing keys.
Centralized key management allows businesses to maintain an organized, efficient system for handling access control. Key control solutions organize your operations by ensuring only authorized workers access specific areas, reducing the time spent on manual security checks.
Additionally, automated key tracking systems provide real-time data on key usage, making it easier to identify irregularities or security breaches.
Innovative solutions that are designed to meet the needs of businesses, especially those that rely on a seasonal workforce, are critical.
InstaKey’s Key Management Solutions are built to integrate seamlessly with existing security protocols and streamline key control policy. Whether you're managing a small retail store or a large distribution center, our systems provide a flexible solution that scales with the changing demands of seasonal businesses.
Contact us to learn more about increasing security and explore our customizable solutions today.