Sensormatic Solutions Showcases Its Cloud-Based SaaS Shrink Analyzer Application to Combat Shrinkage as a Result of ORC at 2024 NRF Big Show
11 Gennaio 2024 - 3:00PM
Business Wire
- The brand’s new solution aggregates RFID technology using an
advanced data engine and visualization tool to enable retailers to
experience smarter loss prevention
- Sensormatic Solutions full portfolio, including the Shrink
Analyzer application, is on display at the 2024 NRF Big Show
Sensormatic Solutions, the leading global retail solutions
portfolio of Johnson Controls, demonstrates its ongoing commitment
to solving retail’s most pressing challenges with an innovative and
new addition to its loss prevention (LP) solutions suite. The
cloud-based SaaS Shrink Analyzer application is a flexible,
inventory platform agnostic purpose-built to support retailers as
they develop smarter, more effective LP programs, reduce out of
stocks and enhance store operations. NRF Big Show attendees can
visit booth #4865 in the Jacob K. Javits Convention Center in New
York to explore its advanced capabilities.
“Shrink Analyzer highlights the ‘what,’ ‘where’ and ‘when’ of
loss events, allowing users to take a proactive approach in the
battle against organized retail crime (ORC), fraud, and other
drivers of shrink,” said Craig Szklany, vice president and product
general manager of loss prevention and liability at Sensormatic
Solutions. “This tool ushers in a new era of shrink visibility,
using radio frequency identification (RFID) technology and
exception-based exit monitoring, to provide retailers with
never-before-seen insights into their operations.”
Shrink Analyzer serves as the advanced data engine for a
connected LP eco-system, ingesting, aggregating and analyzing
item-level inventory and data from Sensormatic RFID exits to
provide a clear line of sight to losses in stores. The solution’s
leading-edge analytics capabilities help retailers combat rising
theft, empowering LP teams with clear evidence packages to improve
prosecution efforts. Shrink Analyzer shows retailers the true
financial impact of theft, fraud, and other drivers of loss,
helping prioritize their responses by focusing on strategies that
have an immediate impact. Sensormatic Solutions newest LP
application uses RFID technology, cloud-based analytics and
electronic product code (EPC) data to:
- Highlight at-risk items and ORC activity. Shrink Analyzer’s
analytics help LP teams differentiate between ORC, bulk and
incidental theft events, providing insights into shrink anomalies
and evolving patterns or trends.
- Pinpoint vulnerable areas and displays. Shrink Analyzer
synthesizes data from throughout store systems to provide
item-level reports including video evidence on when and where RFID
tagged merchandise goes missing. This data helps alert LP teams to
gaps in security that may leave merchandise exposed.
- Increase asset protection team productivity. Shrink Analyzer is
designed for use by retailers’ investigative teams to help easily
and quickly bundle digital evidence of theft events for use in
potential prosecution against ORC groups.
- Optimize other areas of operations. By combining EPC exit data
with other retail systems sources, Shrink Analyzer’s analytics
capabilities help reduce out-of-stocks and drive replenishment. The
solution also supports data exports to third-party case management
systems to improve workflow efficiency.
To learn more about the ways Shrink Analyzer can provide
retailers with better visibility amid rising ORC, visit
Sensormatic Solutions online or meet us at booth #4865,
Jan. 14-16, 2024, at the Jacob K. Javits Center for NRF 2024.
To request a booth tour or a meeting with an account manager, visit
the Sensormatic Solutions scheduling page. Please also follow
#SensormaticNRF2024 on X and LinkedIn.
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About Johnson Controls:
At Johnson Controls (NYSE:JCI), we transform the environments
where people live, work, learn and play. As the global leader in
smart, healthy and sustainable buildings, our mission is to
reimagine the performance of buildings to serve people, places and
the planet.
Building on a proud history of nearly 140 years of innovation,
we deliver the blueprint of the future for industries such as
healthcare, schools, data centers, airports, stadiums,
manufacturing and beyond through OpenBlue, our comprehensive
digital offering.
Today, with a global team of 100,000 experts in more than 150
countries, Johnson Controls offers the world`s largest portfolio of
building technology and software as well as service solutions from
some of the most trusted names in the industry.
Visit www.johnsoncontrols.com for more information and follow
@Johnson Controls on social platforms.
About Sensormatic Solutions:
Sensormatic Solutions is the leading global retail solutions
portfolio of Johnson Controls powering operational excellence at
scale and enabling smart and connected shopper engagement. Our
intelligent digital operating platform – Sensormatic IQ – combines
the full Sensormatic Solutions portfolio, including third-party
data to deliver unmatched insights into shopper experience,
inventory intelligence, loss prevention and operational
effectiveness with advanced technologies, like AI and Machine
Learning. This enables retailers to act on prescriptive and
predictive data-driven outcomes to confidently move into the
future. Please visit Sensormatic Solutions or follow us on
LinkedIn, X, and our YouTube channel.
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version on businesswire.com: https://www.businesswire.com/news/home/20240111267605/en/
Media: Jaclyn Messina Sensormatic Solutions by Johnson
Controls Direct: +1 561-235-6458 Email: jaclyn.messina@jci.com
Grace Torrance Matter on behalf of Sensormatic Solutions Direct:
+1-978-518-4504 Email: jciretail@matternow.com
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