What Retailers Don’t Know Might Hurt Their Bottom Line
Merging Complementary Technologies is Essential
Loss Prevention (LP) professionals are facing numerous challenges from the increase of omnichannel shopping. Shrink has increased from all directions, including organized crime, shoplifting, employee theft, returns fraud, plus administrative and operational errors. Coupled with supply chain hurdles, high inflation, and increased labor costs and shortages, retailers are feeling overwhelmed in the current retail climate.
This white paper covers advancements in EBR and emerging and innovative technologies that can help retailers minimize shrink and increase revenue and profit. These technologies, when combined, can help Loss Prevention teams reduce fraudulent activities and shrink.