Intelligence-led loss prevention allows retailers to collect, prioritize and use data intelligence collected through connected sensors to more effectively and efficiently mitigate shrink and Organized Retail Crime (ORC).
The newly enhanced, cloud-based Shrink Analyzer application can now integrate RFID and EPC data from targeted—and previously unmonitored—store areas to improve visibility and predictions of loss events.
This initiative aligned with Sensormatic Solutions' and REI’s shared values around reducing impact while also managing the bottom line and safeguarding against shrink.
Sensormatic Solutions' Shrink Analyzer allows you to make sense of your loss event data to reveal never‑before-seen insights into the “who, what, where, and when” behind shrink.
LP programs have, for some time, focused on addressing different drivers in isolation from one another, with an emphasis on theft above all else. The reality is much more complicated, and that’s where retail analytics systems can help.
In this episode of LPM's Inside Scoop Podcast, we hear from RFID experts about future use cases and where retailers are in the journey of adopting the technology.
With the new patent-pending label, the organization replaced previous polystyrene with renewable, Forest Stewardship Council (FSCTM)-certified material, ultimately helping retailers with their sustainability objectives while safeguarding against shrink.
Download this 34-page special report from Loss Prevention Magazine about types and frequency of violent incidents, impacts on employees and customers, effectiveness of tools and training, and much more.