Payment processing and retail transactions are a central component of any retail operation. A strong data security solution is vital for preventing fraud, simplifying compliance, and securing your payment processes—not to mention maintaining the trust of your customers.
Stolen inventory is one of the biggest threats to a retailer’s bottom line. Whether through sweetheart transactions by employees, fraudulent scans at the self-checkout, or bottom-of-basket theft, inventory shrinkage can add up. That’s why a sophisticated video surveillance system should be part of any loss prevention strategy.
When it comes to health and safety, a primary concern for retailers is the meat counter—more specifically ground meat. To comply with USDA regulations, grocers must maintain active logs of all ground meat production. The right technology simplifies grocers’ compliance reporting and shortens response time during recalls.
Gaining an accurate understanding of when and why products are selling is the surest way to reduce the risk associated with over- or underordering. Business Intelligence solutions can analyze your data and help refine your promotional planning, resulting in higher margin returns and lower waste. With the right tools, you can look at the store as a whole or drill down into a specific department or individual lane.
