Scalable solutions are necessary since the need for this temperature tracing exists from the lowest to the highest volume environments. Web-based Software-as-a-Service (SaaS) subscription models can also drastically minimizes up-front implementation time and expense.
“Reducing perishable shrink is the fastest way for presidents and CEOs to drive real profit to their company’s bottom line,” says Larry Miller at Retail Control, Phoenix. “By implementing best-in-class processes and practices, smart companies are reducing their store shrink 10 percent to 18 percent in the first 12 months and an additional 12 percent to 15 percent in the following 12 months, all to drive year-over-year store sales and profit.
“True loss prevention only really occurs when loss is prevented before it happens by implementing behavior changing programs, practices, and technologies whose impact can be measured. Sarbanes-Oxley demands accountability and accountability must be preceded by disciplined execution. Achieving this demands a new level of leadership and a new way of thinking about loss prevention,” says Miller.