Loss Prevention and Fraud Detection
Advanced loss prevention with 0.9% shrinkage rate and 87% detection accuracy.
Business Challenge
A retailer loses $380M annually to shrinkage (2.1% of sales) from theft, fraud, and operational errors, with current systems catching only 23% of incidents and generating 85% false positives.
Implementation Results
Loss Reduction
- Shrinkage reduced from 2.1% to 0.9%
- Detection rate increased from 23% to 87%
- Recovery rate improved from 12% to 45%
Operational Impact
- False positives reduced by 86%
- Investigation time reduced by 67%
- LP team productivity increased 3.4x
Financial Benefits
- $243M annual loss reduction
- $34M in recovered merchandise
- ROI of 580% on LP technology investment
Key Features
AI-Powered Detection
- Video Analytics: Intelligent video surveillance
- POS Monitoring: Real-time transaction analysis
- Behavioral Analysis: Suspicious behavior detection
- Pattern Recognition: Fraud pattern identification
Investigation Support
- Case Management: Automated case creation and tracking
- Evidence Collection: Digital evidence gathering
- Reporting Tools: Comprehensive incident reporting
- Team Collaboration: Investigation team coordination