Manufacturers are dealing with substantial price increases for materials and global supply chain shortages in other areas. While many feel price increases are inevitable, they are looking at their own internal costs and processes to offset some of these additional expenditures.
Companies continue to evaluate the effect of increased prices, supply chain shortages, and the impact of huge logistical challenges. The same challenges face many companies as it pertains to their guarding and security staff. Finding the right people to meet demand is becoming more difficult in many business areas. As Institute for Supply Management (ISM) Manufacturing Business Survey Committee Chair Timothy Fiore put it:
”They want the people, it's just they can't find them, that's the problem. And you can't take a waitress or a bellboy and put them on a production line. It's a different type of work."
Are you looking at your own internal overhead items and processes to recover from these additional expenditures? Here are 5 hidden costs for security services that are not properly considered:
Talent Costs Are Increasing
In-house or third-party guarding service options are getting more expensive. As security systems become more integrated and complex, it’s much more difficult to find reliable, well-trained operators who are conversant.
Compliance & Logistical OverheadEssential and legislative compliance training for your operators incurs costs for resource coverage and logistical overhead. In most cases, certifications are held by the individual and not your company. Therefore, each staff replenishment will incur the same repeated costs.
System Upgrades & Evolving Security PoliciesKeeping your existing security operators dialed into your location-specific software releases, system upgrades, and evolving security policies is costly. You will need to maintain this commitment or place your organization at extreme commercial risk.
Unexpected ScenariosDowntime, shift pattern changes, absenteeism, and vacations all place an additional financial burden on your organization. An in-house or third-party guarding service can result in spiraling overhead costs that have not been included in the budget.
Incident Monitoring & InvestigationInvestigation of live and recorded video surveillance can be both cumbersome and time-consuming. Access control credentialing and system reporting require ad-hoc additional resources.
ivelah's remotely-managed solution,
TRACE offers a suite of services tailored around your business needs
with the goal of eradicating and reducing these 5 hidden costs. This fully customizable, situational awareness and video monitoring solution will help stop crime, and report incidents before they occur. TRACE integrates with your other business-critical systems as well.
The TRACE solution allows you to simplify your security operations, reduce costs, and harness the power of your access control and video surveillance equipment.
Call us today to learn more about how the TRACE solution can help your organization.
(800) 261-0805
ABOUT US
ivelah helps corporations and their facilities with security system requirements. We believe you should be in a position to make the best choices for security system technologies. We uphold these principles by providing you with continued dialogue and consultation, as well as essential information and insight for effective security system provisioning.
With comprehensive designs, scopes, and proposals, complemented by effective implementation strategies, customers can look forward to innovative, “future-proof” solutions.
ivelah is committed to maintaining high standards for integrated security systems, using products that excel in all areas. By utilizing platforms specifically designed to provide situational awareness, we help our clients be better prepared for constant change and increased flexibility.
