19th April 2012 taking place at Novetel, London West.
Event On : 19th April 2012.
We are again looking forward to exhibiting at the Retail Fraud show. You will find us on Stand 32.
To ensure you get the most out of your day and you get the answers you are looking for please do not hesitate to book an appointment with an Orridge team member here and we will be more than happy to schedule a time slot in for you.
We look forward to seeing you there!
As supporters of the Retail Trust Orridge are delighted to be attending the Retail Trust London Ball taking place at Grosvenor House, Park Lane, London
Orridge shall be exhibiting at Retail Fraud 'On the Road' at the Walkers Stadium in Leicester. You will find us on
Retail Fraud is the definitive event for all aspects of physical and technological fraud and loss prevention within the retail environment - Retail Fraud 'on the road' continues that theme at the Walkers Stadium, Leicester for the the third 'on the road' outing. Orridge will be helping to educate the delegates with examples of solutions to loss and prevention from the perspective of our Clients.
On the 7th October, Orridge shall be exhibiting at Retail Fraud "On the Road" at the Walkers Stadium in Leicester. (You will find us on stand 3)
Join us at the second Retail Fraud "On the Road" conference, Hear, learn and experience the very best in retailer case studies, market insights and supplier expertise from within the fraud and loss prevention community plus catch up with colleagues and peers all at the Walkers Stadium, October 7th.
Since the launch of www.takingstockforum.co.uk the forum has continued to gain momentum and growth. With a steady increase of online members, and more people contributing to forum discussions, why not join today and don't get left behind�
Throughout the year Orridge holds various fundraising events internally in order to raise money and continuously donate to help and support our preferred charities:- Children in Need, Retail Trust & Breast Cancer Care.
A leaner, meaner, greener retail supply chain A global recession, volatile oil prices and changing consumer demands meant retailers sought efficiencies and innovations in the supply chain throughout the noughties.
Click on the link below to read more on this Article....
On the 20th April Orridge exhibited and presented with Wickes at Retail Fraud.
Take Control � Prevent Stock Loss
In today's demanding environment it's essential to continually search for ways to gain competitive edge. One way in which Wickes gain an advantage is through independent stock counts performed by Orridge for a range of 6,000+ products. In doing so it provides an up-to-date stock file and insight into areas of potential weakness, not only in-store but within the entire supply chain for a portfolio of over 190 outlets. Wickes inventory is crucial to delivering the stockloss strategy to which Orridge provides a pivotal role in delivering confidence in stock cycles, ensuring shrinkage reduction actions that can be aligned with assurance. Click to watch the live video footage.
On the 19th April Orridge sponsored the Retail Fraud Directors Dinner at Gordon Ramsay's Claridges Private Dining. The night proved to be a great success and was enjoyed by all top Retail professionals who attended.
On the 4th March Orridge attended the Retail Awards in order to celebrate and reward excellence and innovation in Retail. The Awards proved to be a fantastic night, and was enjoyed by all. The Oracle Retail Week Awards are recognised as a huge accolade by all who work within Retail and help to showcase the innovation within the sector.
At the start of 2010 Orridge launched a new Orridge.eu landing page offering our website in English, French and Dutch. Orridge now operates in 18 countries throughout Europe. Orridge are proud to announce that we can provide French, English, Dutch, Spanish, German and Flemish speakers in order to assist on developing a sound stocktaking solution to meet our clients' requirements.
The Centre for Retail Research sponsors Taking Stock Forum
Event On : December, 2009
The Centre for Retail Research is the latest sponsors showing their backing to the new Retail Loss Prevention Forum. The retail loss prevention forum is driven by contributions from leading UK retailers and supported by a series of community meetings.
On the 7th October, Orridge exhibited at Retail Fraud - "On the Road" at the Walkers Stadium, Leicester.
Retail Fraud "on the road" primarily featured an agenda of Midlands based retailers with a refreshed format featuring one main conference stream presenting experienced top-level executives from some of Europe's and US' most established and innovative Retail Fraud end users presenting solutions for fraud and loss prevention.
Orridge attend/present at The Retail Loss Prevention Summit
Event On : September, 2009
On the 9th September, Orridge exhibited and at The Retail Loss Prevention Summit. The conference was held at Reigate Hill Golf Club and Conference Centre in Surrey.
Orridge presented on the day with Calvin Klein, the case study can now be seen on our website and the video feed will soon be live.
Presentation Synopsis: Why the recession has driven more retailers to outsource stocktaking as they target shrink as a way of protecting margin.
Retail Fraud Magazine brings you the very latest intelligence in tackling retail fraud shrinkage. With insightful articles on shrink management technology, HR and legal comment and showcase examples of best practice from around the world.
In August's edition, Retail Fraud published the piece �Orridge Launches Taking Stock Forum� on their online digital format magazine. The introduction reads: When you are in the business of stocktaking, it is second nature to be able to take stock of all matters relating to loss and shrink and how to manage it. This is particularly the case when you are providing stocktaking as an outsourced function where as independent auditors companies can offer a dispassionate account of profit and loss unsullied by the risk associated with inside collusion � dishonest staff who paint a more favourable stock picture to cover their own indiscretions. In other words' going outside for the count prevents retail customers from being out for the count' in terms of stock loss.
Orridge sponsor Taking Stock - Loss Prevention Forum
Event On : July, 2009
Taking Stock (www.takingstockforum.co.uk ) is a new Retail Loss Prevention forum, designed to allow retail professionals to come together, share best practices and experience as well as give and receive advice from industry colleagues. For some time, many retailers across the UK have expressed their desire to be a part of such a powerful communication tool, through the use of a community forum. There is a common appreciation for the strong benefits that such an online forum could provide. The retail Taking Stock- Loss Prevention forum is sponsored by The Retail Fraud Magazine and Orridge and will be driven by contributions from leading UK retailers and supported by a series of community meetings.
Why not sign up for your free membership today and start posting comments/questions of your own.
Due to the success of our expansion into Europe, with the use of our centralised European operations, Orridge have been providing extensive cost effective stocktaking solutions to several clients in Spain.
On the 19th March Orridge attended the Retail Awards in order to celebrate and reward excellence and innovation in Retail. The Awards proved to be a fantastic night, and was enjoyed by all. The Oracle Retail Week Awards are recognised as a huge accolade by all who work within Retail and help to showcase the innovation within the sector.
In such tense times within the economy, auditors are forcing retailers to carry out stock counts with a third party stocktaker, as they need to diminish the risk by reducing costs and achieving figures which can be replied upon.
These 3rd party providers have to be good and have invested in the latest stocktaking technology to offer reassurance to the retailers that it can deliver accuracy at the right time and the right cost
We often hear auditors use the saying "stock is real�. Third party stocktaking suppliers have the knowledge that the information is accurate and has not been tainted. It gives auditors something to rely on as outsourced expertise and technology used day in day out, delivers better results, as opposed to store staff who use the equipment infrequently and most likely have less experience on the counting process. There is also the concern over collusion and impartiality form an in-house count. All in all the outlay we have made in technology has enabled the organisation to demonstrate better return for investment, minimal the cost and capital expenditure.
On Thursday 25th September, Orridge hosted one of their infamous corporate clay shooting days at Broomhills Shooting Ground. Orridge invited a number of their current clients such as: - Argos, Burberry, New Look, Superdrug, Waterstones, WH Smiths and Wilkinson.
This enabled our clients to join us in an action packed day consisting of clay pigeon shooting, quad biking, and cross bow activities with intervals entailing breakfast and lunch.
The day proved to be a success, with Wilkinson, WH Smiths and New Look gaining first, second and third prize awards.
On Thursday 4th September, Orridge attended The Rising Star Awards at The Grosvenor House, London. The event is attended by hundreds of retailers from across the industry, with a champagne reception followed by a three course dinner and of course the ceremony. Orridge were joined on their table with some of our valuable clients such as: - Boots, WH Smiths and Burberry.
In August, Orridge published their second press release in The Retail Fraud Magazine.
"Out for the Count" When it comes to the 'crunch' retailers are increasingly outsourcing their stocktaking.
Taking stock of stocktaking has become a critical tool in fighting shrink which is why retailers are outsourcing their stocktaking in record numbers as a direct response to the credit crunch. These are the findings of stocktaking specialist Orridge which has reported record growth in the last year, the biggest in its 162 year history- and it should know as it is in the business of counting! Last year the company which includes many of the UK's and Europe's leading retailers on its books, is on target for a 20% growth on 2006/07. During that period the company, based in Harlow, Essex, counted 693 million items of stock. During the current trading year that figure will be around 750 million...
After a year working with Orridge as acting Finance Director, Philip Wrigley has been appointed as our full-time Finance Director. Philip is a Chartered Accountant and brings a wealth of financial experience from working previously in the UK, USA and Europe.
Orridge exhibited at Retail Solutions with VCS Timeless on the 24th, 25th and 26th June. Retail Solutions is the UK's largest event showcasing a wide range of practical solutions and cutting-edge technology for the retail, hospitality and leisure industries. This year the exhibition was at Excel in London, rather than the usual venue of the NEC Birmingham, the new location proved to be a success.
At the beginning of May, Retail Events launched its first edition of The Retail Fraud Magazine, which circulates in the UK to over 5000 retailers. Orridge published a press release within this issue, which contained the following information:
Reduce Stock Loss : You can't actually begin to reduce loss until you have accurately measured it and too many retailers have an insufficient grasp of what their real shrink figure is. This is a combination of those who think they know because they want to have faith in their in store counting and measuring processes and those who simply do not want to know. Most fall into the former camp, but even here there are shortcomings, namely accuracy and the independence of the count.
You have to trust your staff, but according to the Global Retail Theft Barometer, internal fraud continues to grow while theft by external customers in on the decrease in most countries. Indeed, in our experience, few retailers can put their hand on their heart and say they are absolutely comfortable with the integrity of the count. At best there could be sloppy procedures caused by staff trying to add stocktaking into their already busy schedules so it is not done properly. At worst there is, in a minority of cases, collusion and conspiracy to cover up their own misdemeanors. Independent counting is growing in importance for this very reason. Last year we counted in excess of 634 million items and we have noted the growing trend toward outsourced stocktaking, both in the UK and overseas with new European retailers now contacting us. This is because retailers are realising that apart from providing greater accuracy, outsourcing frees up staff to get on with the jobs they actually do well � selling and customer service.
Keith Gosling - New Look / Peter Davies - Orridge: Present at Retail Fraud
Event On : May, 2008
At this years Retail Fraud, held at The Novotel Hotel in Hammersmith, Keith Gosling (Head of Finance) New Look presented on Orridge's behalf. The presentation provided a valuable insight into "Loss Prevention" and the reasons for outsourced stocktakes.
Keith discussed his views on how in today's economic climate it's even more important that retailers manage their stocks tightly. Regular accurate counting of store stocks by Orridge certainly provides significant assistance in achieving better stock management, both in terms of understanding the net loss to the store (i.e. shrinkage, in its numerous forms) and the gross inaccuracy of the stock file (i.e. at SKU level). Inaccuracies in the stock file occur at all stages of the products' movement cycle, from supplier delivery inaccuracies through to the miss-keying of returned items. When store stock files are accurately updated replenishment instantly improves and increased sales figures are evident thereafter. Therefore, stock counting has a key role to play in retail. By outsourcing to Orridge- a supplier with proven expertise the retailer benefits from Flexibility, integrity and accuracy, all of which are essential, without the cost and labour intensity that is typical of an in-house process.
David Moxon - WH Smith / Peter Davies - Orridge: present at The Retail Business Show
Event On : February, 2008
At this years' Retail Business Show, David Moxon from WH Smith presented on Orridge's behalf with Peter Davies (Associate Director, Orridge) providing information on "How to Shrink Shrinkage - Benefits of Using Third Party Stocktaking Business".
WH Smith is the UK's most popular High Street stationer, bookseller and newsagent. They have outsourced the stock counting function in its High Street stores for nearly ten years, eight of which have been in partnership with Orridge. David Moxon - WH Smith Loss Prevention Operations & Development Manager explained the benefits that outsourcing has brought and how this has evolved to the mutual benefit of both WH Smith and Orridge.
After months of planning and preparation the Sales and Marketing department have now moved into their new offices in Harlow, Essex. This has provided additional space and an improved working environment. The office also accommodates personnel managing our European operation.
