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 142

Loss Prevention Shrinkage Returns Point of Sale 142

Wiser

APRIL 23, 2019

Shrinkage – Shrinkage occurs when a product is lost due to employee theft, shoplifting, or another unknown reason. . Employee errors – Store associates may make an error when entering data, processing returns, or picking inventory to fulfill an online order. . How Phantom Inventory Hurts Retailers .

Shrinkage 100

Shrinkage Inventory Management Fulfillment Location 100

I Vend

FEBRUARY 6, 2023

Reduce spoilage and shrinkage – carrying excess stock of perishable or seasonal items risks those goods becoming unsaleable (except, perhaps at a large discount). Mis-recorded, mis-counted or misplaced inventory accounts for just over 25% ++ of shrinkage. Smart retail technology for inventory management can reduce both these risks.

Inventory Management 98

Inventory Management Management Shrinkage Returns 98

RETAIL MANAGEMENT SOFTWARE

JULY 29, 2024

Create value across the business: Effective retail technology delivers returns across the entire business. Many retailers see a 4x return on their initial investment within a few months, thanks to broad applications spanning store operations, supply chain, e-commerce, and vendor relationships.

Inventory Management 111

Inventory Management Shrinkage Promotions Store Operations 111

Retail Assist

OCTOBER 16, 2024

Challenge 3: Returns and Reverse Logistics Efficiently handling returns, and recapturing value through reverse logistics , is essential for both customer satisfaction and business profitability. This includes tracking, restocking, refurbishing, and in some cases, disposal of returned products.

Inventory Management 52

Inventory Management Management Shrinkage Returns 52

Mass Relators

OCTOBER 25, 2023

–   Zebra Technologies Corporation  has announced the findings of its 16 th Annual Global Shopper Study that confirmed retailers are feeling the omnichannel squeeze, particularly with managing online returns and reducing shrink caused by theft, fraud and other contributing factors.

Checkout 52

Checkout Payment Services Returns Shrinkage 52

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