From a loss prevention perspective, a strong understanding of how our inventory is managed is crucial as we attempt to resolve shrink-related issues. One basic but important component is knowing the inventory control techniques and accounting methods used by your company. Read More
Tag: pos management
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. Read More
By Mark Ryski
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. Read More
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 of loss for a significant grouping of stores, with no need for airfare, travel, or company car. Identification and correction of these leading indicators driven by Read More
Deep inside the data warehouses of companies across the world, billions of dollars are trapped in the subtle variations between the binary 0s and 1s that make up fraud and loss prevention data.
For Retail Industry Leaders Association (RILA) asset protection conference in 2014, JCPenney approached the University of Texas at Read More
By Chris Trlica
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 collected somewhere. We permit it in the vague hope that somebody on the other end is being responsible with our information.
The loss prevention industry is now Read More
March Networks and EZUniverse Announce Strategic Partnership and Launch of New Cloud-Based Video and Retail Data Analytics Service for QSRs
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 quick-service restaurant (QSR) and fast casual market.
March Networks Searchlight™ for QSR powered by 360iQ combines March Networks’ enterprise video solutions with 360iQ, the cloud-based data analytics Read More
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 process over 50 million unique pieces of point of sale (POS) data each day with VIGIL Trends. Azure Table storage serves as the backbone for the Read More