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Stop out of stocks denting your profits this holiday season

I Vend

Supply chain managementmanaging supplier purchasing more efficiently can generate significant bottom line returns. Loss prevention – in the US alone, retailers lose around $100 million a year to shrinkage, + which is a direct hit on the bottom line.

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The Rise of AI in Retail: Transforming the Industry Online, In-Store, and Socially

365 Retail

In terms of security and loss prevention, facial recognition can be used to identify known shoplifters or individuals with a history of fraudulent activities, alerting store security personnel and preventing potential theft or fraud. Advanced Supply Chain Management: AI will be critical in streamlining supply chain processes.