Tag: manage inventory
4 Technology Trends Seen at the 2019 NRF Big Show
They don't call it the Big Show for nothing. There were over 38,000 people in attendance from all over the world to talk retail,...
Johnson Controls Announces First Customer Deployment of Single Smart Sensor Strategy
Johnson Controls recently announced the first customer deployment of its single smart sensor strategy, using the TrueVUE radio frequency identification (RFID)-enabled solution to manage...
How to Perform An In-Store Audit That Will Guide and Motivate Improved Performance
The three major causes that contribute to inventory shrink in any retail operation are internal theft, external theft, and operational compliance. An effective loss prevention program must focus on all three of these areas.
How to Manage Inventory: Shrink Visibility
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.
15 Best Practices for Inventory Loss Prevention
In April 2014, the ECR Europe Shrink and On-shelf Availability Group received a special award from ECR Europe to celebrate 15 years of the...
USS Executive Team Adds Proven Industry Leader
USS recently announced the addition of a long-standing, well-known industry leader to their executive team with the onboarding of new Vice President of Operations...
The Year Ahead in LP
These are clearly turbulent times in retail. How people shop is changing—and with it the strategies employed to attract and retain customers. Store technology...
Has the Time Arrived—Finally—for RFID?
After years of false starts and a measure of false promises, retailers are finally starting to realize the potential of radio frequency identification (RFID) technology.
Redefining Inventory Shrinkage—Four New Buckets of Loss
What does inventory shrinkage mean to you?
For most companies, the answer to this question would be obvious: a significant problem, and usually something that...
How to Manage Inventory through General Loss Interviewing
"All my life's a circle;Â Sunrise and sundown," sang Harry Chapin.
It may be just a natural part of life, but it seems like what was...