Agilence Blog.

While using analytics to combat fraud isn’t as dangerous as leveling the Infinity Stone-fueled powers of Thanos –anticipating fraudulent behavior before it happens can feel daunting, defeating or just plain impossible if you don’t have the right attack plan in place. The good news is there is a ...

Exception-Based Reporting (EBR) has been widely used by retailers to analyze transactional data for over 25 years.  The most common purpose of this type of reporting has been to help loss prevention professionals at retail organizations to easily identify instances of potentially fraudulent ...

Nearly every brand and retailer use discounts and other promotions to grow their business.  Successful promotions have the power to create a favorable brand image and deliver a targeted product or products to new and returning customers, all while boosting long-term profitability and sales.  And ...

While the vast majority of grocery shoppers still prefer to buy in store, the Food Marketing Institute estimates that online grocery sales will reach $100 billion by 2025, or about 20% of the grocery retail market.  So, the race is on for food retailers to capture the online grocery shopper.  Many ...

Over the course of my career, I have always tried to keep up with emerging trends and businesses within the Loss Prevention (LP) field. Studying new ways to identify evolving fraud schemes or techniques and recognize theft across various industries has proven to be a successful habit as my career ...

Ever wonder how business intelligence became what it is today?  Today, the term is used to describe a set of strategies and technologies used for analysis of business data. However, the term has actually been around since before the advent of modern technology, though it has been through more than ...

The average gas station attracts about 300 customers a day, but only 35% of those customers ever set foot inside the store.  That means a little over a third of gas/fuel customers go inside to make additional purchases.  C-store owners use competitive fuel pricing to attract customers, but once ...

Looking back at the past few years, retail technology trends have shown that retailers who are able to make sense of their data have been able to overcome the challenge of evolving customer expectations.  Retailers now have unprecedented access to massive amounts of operational and consumer data, ...

Cleaning mogul, Marie Kondo’s rise to popularity may seem as if it occurred overnight when her show, Tidying up with Marie Kondo was released on Netflix, New Year’s Day. However, unbeknownst to many, Marie Kondo had made a name for herself within the ‘cleaning world’ long before the hit show’s ...

If you’ve kept up with financial news over the past year, you probably already noticed that a “green gold rush” is taking place across North America. What was once a massive underground operation has now flourished into a legitimate (and legal) billion dollar industry. With full legalization across ...