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