Reduce Inventory Shrink
Inventory shrinkage is a silent profit killer, relentlessly eroding your hard-earned margins. The complexities of inventory management, compounded by both internal mishandlings and external theft, demand a sophisticated approach to safeguard your bottom line.
Merge Inventory and POS Data to Tackle Inventory Loss Head-On.
Review Low Sell-Through Products
Identify products at risk of shrinkage before losses occur by flagging low sell-through rates coupled with surging inventory levels. Take proactive measures.
Identify Problematic Stores, Departments, or SKUs
Pinpoint trouble areas prone to shrink issues by detecting stores, departments, or specific SKUs plagued by consistently poor sell-through performance.
Highlight Theft and Shrink Contributors
Detect potential theft, mishandling, or other shrink contributors by identifying inventory items with high adjustment levels but little to no corresponding sales movement.
Assess Distribution Center Impact
Uncover distribution center shrinkage issues directly impacting store-level inventory by analyzing centers with chronically high adjustment rates.
Unearth Operational Errors
Expose operational weaknesses, process errors, or employee misconduct driving artificial shrink by comparing inventory adjustment data across operating locations.
Correlate SKU Adjustments with POS Data
Identify your highest-risk, most shrink-prone SKUs by generating detailed reports listing your top adjusted inventory items paired with correlated point-of-sale data.
Your Solution: Agilence Analytics with Inventory Module
Agilence Analytics with Inventory Module will help you combat inventory shrink through a deep analysis of your inventory and POS data.
Five Below Identified $700,000 in inventory shrink.
Utilizing the advanced insights functionality of Agilence also meant that the asset protection department saved over 200 hours per year, giving more than 5 weeks back to a small team to focus on solutions and results.
Need Help with Something Else:
Reduce In Store Theft
I want to prevent, detect, and deter people from stealing merchandise, cash or other assets from the company.
Reduce Inventory Shrink
I want to maintain optimal levels of inventory that meet customer demand and maximize sales while minimizing costs, risks, and shrinkage.
Combat Return Fraud
I want to gain a holistic understanding of my returns in order to identify patterns of fraudulent activity.
Reconcile eCommerce with Brick & Mortar Shrink
I want to compare online vs in-store sales, returns, and customer behaviors to prevent fraud and manipulation.
Track Incidents & Investigations
I want to easily track, document, and analyze all the details surrounding my incidents & investigations.
Ensure Store Safety & Compliance
I want to improve my store audit processes, find ways to more easily execute them, and develop new strategies to make my audits more effective.
Prevent Promotion, Discount & Loyalty Fraud
I want to better understand where my marketing and customer loyalty programs are being undermined by fraud.