Loss Prevention, Shrinkage and Supply Chain Management

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Loss Prevention

Shrinkage

Supply Chain Management

Sick of hearing about AI? The key is understanding how to make it work for you

Inside Retail

SEPTEMBER 3, 2024

Loss prevention: Employs advanced surveillance techniques to detect and prevent shoplifting. Supply-chain optimisation: It is reported that AI-driven supply-chain management can reduce errors by 20-50 per cent, decrease lost sales and product unavailability by up to 65 per cent, and lower warehousing costs by 5-10 per cent.

Loss Prevention

Loss Prevention Checkout Shrinkage Supply Chain Management

Stop out of stocks denting your profits this holiday season

I Vend

DECEMBER 10, 2023

Supply chain management – managing 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.

Shrinkage

Shrinkage Inventory Management Store Layout Checkout

Experience Retail Today

Sick of hearing about AI? The key is understanding how to make it work for you

Stop out of stocks denting your profits this holiday season

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