Remove Accounting Remove Returns Remove Shrinkage Remove Store Operations
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Organized Retail Crime is on the Rise, but AI Can Stop This Troublesome Trend

Retail TouchPoints

Common examples of ORC include when merchandise is stolen and returned for profit or sold through online auctions or in-person sales. Typically, ORC is reliant on a single entity, like an address, credit card or store account that connects a complex crime ring across retail stores.

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Inventory management for efficiency and experience

I Vend

They help retailers ensure they have the right goods in the right place at the right time, improving store performance and enhancing customer experience. Reduce spoilage and shrinkage – carrying excess stock of perishable or seasonal items risks those goods becoming unsaleable (except, perhaps at a large discount).