Tag: manage inventory


4 Technology Trends Seen at the 2019 NRF Big Show

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, technology, strategy, and the future. Here are four of the technology trends seen at the National Retail Federation Big Show that will impact retailing in 2019.

1.   Read More


Johnson Controls Announces First Customer Deployment of Single Smart Sensor Strategy

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 inventory while also leveraging the technology for merchandise protection — traditionally accomplished by two different solutions with different sensors and data capture infrastructures.

Sensormatic Solutions now supports   Read More


15 Best Practices for Inventory Loss Prevention

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 group and the delivery of an estimated €1.5 billion (~ $1.6 billion) in savings for the industry.

As Sir Terry Leahy, former CEO of Tesco, once said   Read More


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 is changing, offering new opportunities, and ushering in new risks. What does the upheaval mean for loss prevention? What are the primary challenges the industry may   Read More


Redefining Inventory Shrinkage—Four New Buckets of Loss

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 is getting worse, not better, despite unprecedented developments in technological solutions and growing loss prevention budgets.

Some retail companies across the globe are gleaming examples of how   Read More