Articles by Shaheed Sufyani
How AI-powered Security Systems Tackle Shrinkage And Boost Operational Efficiency
For businesses today, loss prevention is no longer just about safeguarding inventory from theft. While retail theft makes frequent headlines in the United States, and is indeed the leading cause of shrinkage, The National Retail Foundation (NRF) has reported that process failures, operational inefficiencies and employee theft also drive significant losses. Legacy security systems In 2022, the shrink loss is estimated to be $120billion in the United States, and that’s for retail...
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