Retail Solutions for Loss Prevention
March Networks provides the solutions needed by loss prevention managers to effectively combat shoplifting, investigate employee fraud and reduce shrink. Transaction exceptions can be quickly searched and linked directly with receipt data and associated video clips, enabling loss prevention staff to track incidents over time, and to quickly gather important evidence in case files.
March Networks’ LP Data Mining and Retail Transaction Investigator are powerful video-enabled business tools to detect, analyze and document incidents of shoplifting, fraud and theft in a fraction of the time it used to take.
Key features include:
- Smart transaction profiling employing hundreds of built-in, expert business rules to quickly spot patterns of fraud and theft
- Transaction analysis enabling searching on credit cards, coupons, gift and discount cards
- User-definable Dashboard displaying the most important data in a Web-based UI
- Enhanced data mining accuracy through the statistical weighting of the unique characteristics and selling mix of every store
- Visual intelligence linking receipts with digital video to verify suspect POS transactions
Smart alerts from exception reporting systems can be further enhanced through intelligent video analytics to look for behaviors indicative of customer or employee theft, or organized crime. We are currently developing video analytic applications to help retailers identify events including:
- Left packages outside the back exit
- Private cars at the loading dock
- Extended loitering in certain areas
- Parked vehicles in front of store or outside fire exit
- Objects removed from shipping and receiving areas
- Unauthorized access to counter and display areas
With new developments in retail such as self-checkout, the loss prevention professional needs a wide range of specialized tools for expediting investigations, improving case management, and detecting fraud. For this reason March Networks builds on its broad expertise in retail to deliver a comprehensive range of Professional Services covering installation, implementation, training and outsourced services, backed up by service level agreements.