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AI
Mike Jeffs

Top Strategic Technology Trends for 2021

The global pandemic has reshaped our nation by fast-forwarding digital transformation. To survive the waves of uncertainty businesses are left to re-engineer digital strategies to support sustainability and change. The biggest change for many has been adopting remote working as a norm, and technology is what made this possible.

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The Past, Present and Future in Shrinkage Data
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Mike Jeffs

The Past, Present and Future in Shrinkage Data

The UK is reported to have the highest level of shrinkage in Europe. The main cause of shrinkage in the UK is theft which accounts for over £5.5billion per year with over 1,000 daily incidents happening at the checkout! The top stolen items include the likes of delicious cheese, alcohol and sweets. A common way that sneaky shoppers are taking full advantage of less-than-intuitive self-checkout systems is by replacing expensive products with in-expensive products of similar weight!

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Managing Retail Inventory in Real-time with IoT Enabled Stock Tracking
IoT
Jordan Appleson

Managing Retail Inventory in Real-time with IoT Enabled Stock Tracking

Put yourself in the shoes of a customer; you go to a reliable store for a product that you really want, but it isn’t there! Immediate reaction? Go elsewhere. Stock shortages in supermarkets usually leave shoppers feeling frustrated and wondering as to why the goods aren’t available, resulting in the loss of business, which often goes to competitors.

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The-benfits-of-edge-computing-for-real-time-loss-prevention
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Andrew Hathaway

At the Edge of The Retail Industry

IoT has already proven itself extremely beneficial in the retail sector across multiple applications from delivering efficiency in energy consumption to monitoring stock levels in real-time.

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Retail Loss
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Abbie Cookson

The True Cost Of Shrinkage

According to the ‘Retail Security in Europe, Going beyond Shrinkage’ report, UK retailers lose almost £11bn annually in shrinkage –

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What is Retail Shrinkage - harksys.com
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Mike Jeffs

What is Retail Shrinkage?

Retail shrinkage is described as anything that attributes an unwanted loss of inventory, including breakage, wastage, theft, admin error and

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