Perspectives

Shrinking retail shrink

Using analytics to detect fraud and grow margins

Staying one step ahead of the fraudsters is the key to protecting your company’s hard-earned assets and reputation. Implementing data analytics into all elements of your fraud framework can help you find patterns, trends and anomalies in your data. It can help you to detect a broader range of exposure, including previously unknown risks, and uncover new patterns of fraud.

Data analytics can be a powerful tool to accelerate retailers’ efforts to get ahead of shrink. With retail margins under pressure, data analytics provide an attractive new opportunity for shrinking shrink and growing the bottom line. Are you taking full advantage of that opportunity?

Shrinking retail shrink

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Shrinking retail shrink: Using analytics to help detect fraud and grow margins

This article describes how retailers can use data analytics to help detect more fraud and improve margins. Learn more by downloading the full article.

As used in this document, “Deloitte Financial Advisory Services” and “Deloitte FAS” means Deloitte Financial Advisory Services LLP, which provides forensic, dispute, and other consulting services, and its affiliate, Deloitte Transactions and Business Analytics LLP, which provides a wide range of advisory and analytics services. Deloitte Transactions and Business Analytics LLP is not a certified public accounting firm. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

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