Case Study

ADVANCE Optimized Store Operations and Prevented Losses for a Leading Retail Chain

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  • There is no holistic solution for tracking, managing and preventing losses or damage to assets and merchandise that brings all the data and related infrastructure in one place.
  • Loss can be because of human actions, such as theft, fraud, waste, abuse or misconduct. Sometimes employees fail to follow existing policies or procedures and sometimes they just make mistakes.
  • The client needed a system, which established both responsibility and accountability for Loss Prevention through evaluation, which is consistent and progressive.
  • Retailers worldwide try to prevent their losses via different home-grown tools, third-party tools or even EXCEL.
  • This can get messy and caused a similar challenge for the client where the processes were manual and less efficient due to all the digital clutter.

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