Tag: point of sale pos
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.
Why It’s Critical to Use Retail Traffic Counters
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.
CASE STUDY: C-Store Uses Video to Protect Profits and Recoup Losses
While many things about this family-owned business have changed since its founding in 1973, the need to keep a close eye on each location’s inventory hasn’t.
RFID White Paper (Nedap)
Today's shoppers expect the entire shopping experience to be fun. They want to be inspired, find what they want and the size they need,...
Why Point-of-Sale Activation Technology Has Been Heralded as a Kingmaker
If connectivity in today's digital world represents "everything," then surely the opposite must be true of disconnectivity.
As we immerse ourselves in the 21st century...
Using Video Surveillance to Audit Your Retail Business
Throughout my career, I've seen some outrageous behavior captured on surveillance video. From performance and productivity issues-like employees showing up late and doing personal...
Understanding Essential POS Features and Limitations
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...
Fraud Detection Techniques Using Big Data
Deep inside the data warehouses of companies across the world, billions of dollars are trapped in the subtle variations between the binary 0s and...
4 Ways You Can Transform Retail Loss Prevention Training
Prior to 2012, Bloomingdale’s was doing what most retail organizations do when it comes to retail loss prevention training and safety education—relying on a...
Access Control Technology to the Rescue: A True Story
The Case of the CFO’s Family Photo
I was recruited to a startup thirty-store retailer to launch their first loss prevention program. My supervisor, the...