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Track, document, and analyze all the details surrounding your investigations.
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Expand the functionality of Agilence with our custom modules.
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Retail
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Resturants
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Grocery
Combat theft, markdowns, human error, and perishable shrink
Convenience
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Loss Prevention
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Executive Leadership
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The Retail Analytics Advantage
In recent research conducted by IHL Group and RIS News for the Retail Experience Study, retailers representing over 300 brands were asked about the types of analytics they used.
Understanding the ROI of the Agilence Platform
An in-depth return on investment (ROI) analysis for Agilence customers by Drive Research.
Retail’s Digital Journey: How Winning Retailers Are Controlling Shrink and Thriving
Agilence and IHL Group's research aims to understand the margin impact of changing consumer buying habits and how leading retailers optimize processes to minimize margin erosion.
Here is a funny story about shrink, external theft to be more precise. The question is how do you prosecute and get restitution?
Taken from Snopes.com. (Snopes is a great website for fact checking all those ridiculous emails you get):
Bill owns a company that manufactures and installs car wash systems. Bill's company installed a car wash system in Frederick , Md. Now, understand that these are complete systems, including the money changer and money taking machines.
The problem started when the new owner complained to Bill that he was losing significant amounts of money from his coin machines each week.
He went as far as to accuse Bill's employees of having a key to the boxes and ripping him off. Bill just couldn't believe that his people would do that, so they setup a camera to catch the thief in action. Well, they did catch the thief(s) on film!
The rumor that the owner found $4000 worth of coins on the roof was untrue, but they did say that they would find hundreds of coins laying around on the ground some mornings!
In addition, it turns out they were working in pairs too. One bird would climb up inside to release the coins and the other bird would take them away. Gives us a whole new category for ORC (Organized Retail Crime). Speaking of ORC, Agilence will be at the New England ORC Symposium on September 10, 2009 with Bass Security.
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