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Every business today is looking at ways to drive down cost and improve the bottom line. Technology is now the main driver, with digital transformation delivering new ways of managing business challenges.

The retail industry is one that has seen the impact of digital more than most. As more customers go online the pressure to maintain margins is a constant one. The focus on how to control costs is unique, particularly around stock. Controlling and managing the impact of ‘stock shrinkage’ can be a challenge. With multiple sites and large numbers of staff, visitors and contractors transitioning through the workplace, having an effective solution to manage this is crucial.

Argus TrueID has seen the impact of stock shrinkage on our retail customers, using our expertise in biometrics to provide a solution that dramatically reduces cost and complexity, while improving profitability. By providing certainty of identity, our Retail Loss Prevention solution enables retailers to reduce, manage, control, and report on stock loss. Our solution can assign and track access rights across multiple sites, ensuring you know only authorised personnel are provided access. Argus’ ability to connect multiple, disparate third party IT systems to provide streamlined reporting and automated processes reduces errors and improves operations.

Argus will be attending this years Retail Risk event in Melbourne on the 8th February 2018, held at the Bayview Eden Melbourne Hotel. Being Australia’s premier risk event for retail loss professionals, we’ll be on hand to discuss how you can use biometrics to create innovative solutions to a range of retail loss challenges.

Come and see our team on Stand 3 in the exhibitor hall. For further information or to book a specific appointment time, please contact our team.