I Vend

AUGUST 6, 2023

Using your point of sale system to track performance, across every element of the retail operation, has never been more important. Retail analytics of financial reporting and inventory management data can help to pinpoint shrinkage and drill down into its location and cause, giving retailers a better chance of reducing it.

Point of Sale 76

Point of Sale Inventory Management Shrinkage Promotions 76

Nvidia

JANUARY 13, 2022

and “What happens to my margins if Susie Consumer purchases three of the same dresses online and returns two?”. NVIDIA partners Everseen and Graymatics provide asset protection applications at the point of sale to reduce shrinkage and provide customers a faster self-checkout experience.

Shrinkage 115

Shrinkage Checkout Inventory Management Point of Sale 115

I Vend

DECEMBER 10, 2023

Retail technology can streamline inventory management by enabling retailers to accurately track goods from delivery to sale through to returns. Effective inventory management leads to lower overall inventory costs, fewer lost sales due to stock-outs, and greater customer satisfaction – and ultimately more profit.

Shrinkage 71

Shrinkage Inventory Management Store Layout Loss Prevention 71

Retail Times

MARCH 30, 2021

Between shipment variances, misplaced products, returns, and stolen goods, retailers find that the inventory numbers they have on paper (or on screen) often don’t match what they have in their stores. For more information on how to reduce shrinkage, see our previous post on beefing up security and preventing loss in your store.

Merchant Services 98

Merchant Services Inventory Management Management Shrinkage 98

Cisco Retail

MAY 25, 2022

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. Losses can occur through theft, breakage/spoilage, administrative errors, supplier fraud (shorting orders), returns fraud (artificially inflating inventory), and more.

Loss Prevention 129

Loss Prevention Shrinkage Returns Point of Sale 129