365 Retail

NOVEMBER 22, 2023

Loss Prevention platforms with a host of applications In order to make such additional security tools available for their retail customers the providers of self-checkout solutions act as drivers of computer-vision technology. These possibilities are also the daily business for Re-Vision (a Business Unit of Extenda Retail).

Payment Services 105

Payment Services Loss Prevention Checkout Shopping 105

Inside Retail

DECEMBER 8, 2021

Amelia Adey, loss prevention and compliance manager at Kookai Australia explains: “We wanted to remove any customer dissatisfaction due to out-of-stock items or missed sales due to inventory not being accurately represented in our stock file.

Loss Prevention 246

Loss Prevention Point of Sale Fulfillment Management 246

Retail TouchPoints

JUNE 12, 2020

Some stores were literally in flames, and there were loss prevention issues at others. The key is that retailers need to use technology to get in front of their challenges, in areas such as loss prevention and monitoring foot traffic. Some stores were left with nothing but the walls.

Management 168

Management Loss Prevention ATS Store Operations 168

Cisco Retail

APRIL 22, 2022

Using technology to monitor equipment or compare inventory changes with point of sale (POS) data are examples of the kinds of activities technology could better address. Technology brings capabilities to retailers that help address tasks in more reliable, consistent ways. Artificial Intelligence and Machine Learning.

Loss Prevention 98

Loss Prevention Point of Sale Fulfillment Accounting 98

Retail TouchPoints

OCTOBER 31, 2023

How can we better integrate the latest anti-theft technologies and loss-prevention research into our store designs from the outset? Are “Brazen Smash-and-Grabbers” doing the most damage, or are the losses coming from quiet, five-finger discounts pulled off by “Sheepish Teens” and “Disgruntled Employees”?

Loss Prevention 284

Loss Prevention Sporting Goods Customer Experience Store Layout 284

A1 Retail

OCTOBER 12, 2021

As counterintuitive as it is, we all know losses are an accepted norm in retailing. Factored into the bottom line, as sales increase for stores, so will the losses of product inventory. Loss prevention teams call this inevitable outcome “external shrinkage”. These barriers do not mean retailers can’t innovate.

Shrinkage 40

Shrinkage Loss Prevention Checkout Supermarket 40

Cisco Retail

MAY 25, 2022

Most retailers attribute 50-60% of losses to associate actions. Increasingly, Organized Retail Crime (ORC) and Cybercrime rank at the top of the list of Loss Prevention (LP) concerns, along with associate fraud and returns fraud. Addressing Areas of Shrink at the Point-of-Sale (POS).

Loss Prevention 127

Loss Prevention Shrinkage Returns Point of Sale 127

Cisco Retail

SEPTEMBER 7, 2022

The people counters at the entrance are notoriously inaccurate and the only other reliable point of contact is frequently at the Point of Sale (POS). This may be true, but most cameras in retail are for loss prevention (LP) only and are only capable of recording video. The same is not true of physical stores.

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Loss Prevention Promotions Point of Sale Checkout 106

365 Retail

JANUARY 4, 2023

This approach also supports stock accuracy and loss prevention, as mobile point-of-sale technology automates inventory management. Employees can also easily access inventory data on a mobile device, quickly checking the availability of an out-of-stock item and arranging shipment to the customer. .

Loss Prevention 72

Loss Prevention Customer Experience Inventory Management Point of Sale 72

Retail Next

SEPTEMBER 10, 2019

Invest in a Point-of-Sale (POS) System. Savvy retail owners know that one of the best investments they can make in their business is acquiring a point-of-sale (POS) system , which can manage transactions, accept credit card payments, track inventory and provide reports.

Finance 59

Finance Payment Services Loss Prevention Accounting 59

Retail TouchPoints

NOVEMBER 20, 2023

Throughout his retail career, loss prevention remained a focus. Aaron Stamm is a Retail Consultant at Acuity , which he joined in 2017, bringing with him more than 35 years of experience in a broad range of retail. With Acuity Stamm provides retailers with actionable insights and real value to benefit their businesses.

Payment Services 312

Payment Services Sporting Goods Inventory Management Loss Prevention 312

I Vend

DECEMBER 10, 2023

Effective inventory management leads to lower overall inventory costs, fewer lost sales due to stock-outs, and greater customer satisfaction – and ultimately more profit. Point of sale store operations – customers want fast and friction-free checkout, and retailers need to know what has been sold.

Shrinkage 75

Shrinkage Inventory Management Store Layout Checkout 75