Tag: pos management

From an LP perspective, a strong understanding of how retail inventory is managed is crucial to resolving shrink-related issues. One basic but important component is knowing the inventory control techniques and accounting methods used by your company. The two most common are the “retail” method and the “cost” method of accounting.

While the new “anti-establishment” world is rejecting globalization, will retail CCTV technology integration provide the panacea to retail risks?

As the industry transitions from bricks and mortar to “bricks and clicks,” the capabilities of existing systems are being stretched thin, and many retailers have not fully integrated the new technology required to manage loss and reduce shrinkage effectively in an omni-channel world.

At a time when store margins are under intense competitive pressure, retail shrink can make or break a retailer's bottom line. But retail shrink numbers are vulnerable to blind spots and imprecise metrics.

Traffic and conversion analytics focus on what happens before the transaction is recorded in your POS or CRM system...if one is ever recorded at all. That's what makes traffic and conversion data especially useful. Together, they tell us about the sale we almost had.

Data is the future of the loss prevention and asset protection industry. A single, data-friendly LP professional can both identify and address leading indicators...

Deep inside the data warehouses of companies across the world, billions of dollars are trapped in the subtle variations between the binary 0s and...

We find ourselves living in a time when nearly every decision we make is recorded. Where we drive, what we buy–all this data is...

March Networks® and EZUniverse® recently announced a strategic partnership and the launch of a new cloud-based video and retail data analytics service for the...

3xLOGIC recently announced it is using Microsoft Azure to supercharge the performance of its cloud-based exception reporting platform, VIGIL Trends. 3xLOGIC uses Azure to...