Inventory shrinkage and costly losses from employee theft, fraudulent returns and other incidents is an ongoing concern for retailers and the hospitality industry alike. These losses directly affect the bottom line. Rapid identification and response to these events, as well as proactive investigative and analytical strategies, are required to address these issues.
MICROS-Retail XBR® Loss Prevention is an exception-based reporting and loss prevention solution that lets you quickly and easily identify, track and respond to store events – everything from the highest sale by an associate to a potentially fraudulent return. XBR® identifies trends associated with key performance indicators and automatically sends alerts to investigators or other designated personnel. Suspicious transactions can be identified at regional, store, departmental or individual level, regardless of whether the shrinkage is due to intentional fraud or innocent non-compliance.