6 Ways Smart Automation Can Maximize Efficiency and Minimize Loss (Infographic) Devices like video cameras and remote locks in your business will improve your bottom line.

By Luis Orbegoso

Opinions expressed by Entrepreneur contributors are their own.

Automation technology, like the smart devices we use in our homes, can provide big value to maximize the little things in your local business, like register monitoring and food-storage thermostats. More specifically, here are six different areas where small businesses can drive cost efficiency through automation:

Related: How This Light Bulb Makes It Easier for You to Stream Music

1. Remote access: Whether allowing access for a late-night delivery or locking up behind a forgetful employee, remote lock access can optimize your business from a distance, 24/7.

2. Verify with video: Video monitoring is no longer just the go-to-the-tape option -- it can create greater peace of mind. Utilizing remote access video options, you can tune into your store at the time of an alarm, visually confirm the activity and help distinguish a break-in from an embarrassed employee dashing in to grab forgotten keys.

3. Monitor the register: According to the 2015 Global Retail Theft Barometer, 43 percent of the estimated $42 billion lost annually in retail shrink is attributed to employee theft. Video remains one of the most trusted ways to monitor this issue -- make sure your camera configuration considers potential issues in front of and behind the counter.

4. Food safety day and night: According to the Natural Resources Defense Council, kitchen culture and storage issues are huge difference-makers for product loss. Approximately four to 10 percent of food purchased by restaurants is lost before reaching the customer. To reduce risk, make sure you're actively monitoring storage areas. Establish alerts when refrigerator doors are left open or when the temperature rises or falls below certain temperatures to keep close tabs on these out-of-sight areas -- just as important as monitoring customer-facing spaces.

Related: How This Connected Refrigerator Could Put Your Passwords at Risk

5. Customer insights: Make the most of the foot traffic in your store. When a long line is building up at the register, automation can let you know to move staff from a back room to assist with the demand. If customers tend to bottle neck in one part of the store, you can adjust your layout to reduce the buildup, or you can place high value product in the area for increased customer exposure.

6. Comfortable productivity: Looking at employees, studies have shown a nine-degree difference in temperature greatly impacts productivity. Make sure your temperature management system keeps your space around 71 degrees to keep both employees and customers happy.

Each business's opportunity to automate the little things is different. But when using smart technology, all businesses can find big bottom line improvements by maximizing efficiency during business hours and minimizing losses when closed for the night.

Click to Enlarge+
Sweat the Small Stuff (Infographic)

Related: These New Earbuds Let You Adjust the Volume of Everything Around You

Wavy Line
Luis Orbegoso

President of ADT Business

Luis Orbegoso is president of ADT Business, responsible for developing and executing the company's strategy to grow the security and automation segment serving small- and mid-sized business owners. He joined ADT in May 2013 from United Technologies Corporation (UTC) Climate, Controls & Security, where he served as president of the global fire detection and alarm segment. Prior to joining UTC, Orbegoso spent 13 years with General Electric in a variety of sales, marketing and general management roles.

Editor's Pick

A Leader's Most Powerful Tool Is Executive Capital. Here's What It Is — and How to Earn It.
One Man's Casual Side Hustle Became an International Phenomenon — And It's on Track to See $15 Million in Revenue This Year
3 Reasons to Keep Posting on LinkedIn, Even If Nobody Is Engaging With You
Why a Strong Chief Financial Officer Is Crucial for Your Franchise — and What to Look for When Hiring One

Related Topics

Business News

More Americans Are Retiring Abroad, Without a Massive Nest Egg — Here's How They Made the Leap

About 450,000 people received their social security benefits outside the U.S. at the end of 2021, up from 307,000 in 2008, according to the Social Security Administration.

Business News

Woman Ties the Knot at White Castle Almost 30 Years After the Chain Gave Her Free Food as a Homeless Teen

Jamie West was just 12 years old when she ran away from the foster care system.

Business News

Lululemon Employees Say They Were Fired for Trying to Stop Shoplifters

Two Georgia women say Lululemon fired them without severance for trying to get thieves out of the store.

Business News

New York Lawyer Uses ChatGPT to Create Legal Brief, Cites 6 'Bogus' Cases: 'The Court Is Presented With an Unprecedented Circumstance'

The lawyer, who has 30 years of experience, said it was the first time he used the tool for "research" and was "unaware of the possibility that its content could be false."

Business News

The Virgin Islands Want to Serve Elon Musk a Subpoena, But They Can't Find Him

Government officials would like to talk to Tesla's owner as part of an investigation into the Jeffrey Epstein case.