Transaction Monitoring
Harnessing big data is one thing, making it work for you is another. Our team helps the retail loss prevention and asset protection community turn their data into relevant story lines that foster decision making processes throughout their organization. This leads to improved and sustainable performance in areas such as shrink, profitability, sales, service, and labor.
A fully leveraged Transaction Monitoring program can drive a 10-15% reduction in annual shrink losses.
What to expect:
- 10-15% reduction in annual shrink losses
- 10-20% reduction is Sales Reducing Activities (SRA’s) which erode productivity and are a high exposure to fraud
- 5-30% improvement on generic department key rings
- 2.5 time increase in fraud case detection
- 60% increase in internal case resolution
Collaboration
Using a blended team of consultants and client resources we work with our client organizations to train and build the required expertise to both achieve and sustain results. Leveraging our team’s prior experience with all channels of retail, we will bring fresh ideas to the table on how to run the business rather than suggest different ways of doing the same thing or reworking internal analyses.
Technology
With a broad exposure to technology solutions, we recommend and implement only the tools that work. We are not vested with any particular solutions or vendor packages.