Loss Control Systems  
 

 
Organizations dealing with high value materials, such as gold, platinum, or integrated circuits, must contend with the problem of people removing small quantities from their work area on an ongoing basis. Quantities small enough to be effectively hidden nonetheless have significant value. If such removal happens repeatedly, losses can have a severe impact on the organization’s bottom line.

To detect the removal of metallic items, such as gold or platinum, electromagnetic metal detectors have historically been used. This method reduced the amount of metal that a person could remove without being detected to a tolerable level. However, in the past couple of years, the prices of gold, platinum and other precious metals has skyrocketed to the extent that even a few grams have significant value. People who remove just a few grams of gold, for example, through a traditional metal detector, will not be flagged, even though what they are removing has significant value.

A second problem that exacerbates losses concerns what happens to a metal thief after a traditional metal detector fails him. Generally, at that point, a security guard performs a second examination with a hand-held metal detector wand. Generally such wands are less sensitive than the primary metal detector and rely on their ability to come very close to the hidden metal. A small quantity could escape detection.  If so, the thief is released. However, an even bigger problem is the possibility of collusion between the thief and the guard.  A prior arrangement to split the proceeds could cause the guard to seem to be checking the suspect, while in fact his wand is deactivated.

A comprehensive and effective loss control system should have two key characteristics:

·         It should be able to detect quantities of metal so small that the value a person could get out would
     not be worth the risk of detection and punishment.

          There would be no physical contact between the person failing the test and front line security
     personnel, eliminating the possibility of collusion.

Goldfinger Global addresses both these needs. First, the Goldfinger II ultra-sensitive metal detector detects quantities of metal on or even within the body of a person passing through it, that are smaller than any other metal detector on the market. Second, the Goldfinger LOS loss control system features a fully automated, computer controlled access control system that operates the appropriate doors depending on the passing or failing of a person passing through the Goldfinger II metal detector.

 

   
 

{Place picture of Goldfinger LOS layout}