shop and go
shop and go
Category: SafetyCulture News
category
By SafetyCulture Team
November 5th, 2018

Will New ‘Shop and Go’ Grocery Store Technology Have an Impact on Stock Loss?

Retailers are experimenting with checkout-free shopping—and while it boosts convenience for customers, it’s yet to be seen what effect it might have on theft levels. It was Amazon who started the ball rolling in January with its “just walk out” shopping experience. The first Amazon Go store at the company’s headquarters in Seattle teamed an …

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retail risk
retail risk
Category: SafetyCulture News
category
By SafetyCulture Team
September 19th, 2018

Five Ways to Avoid Retail Risk and Keep Business Humming

Dealing with the complexity of human experience every day comes with risk. Since 2010, volatility in the retail industry has increased by 250 percent reflecting just how dynamic and unpredictable the industry is, with problems stemming from the external environment as well as the day-to-day functioning of retail stores. Following these 5 tips can help …

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prevent stock loss
prevent stock loss
Category: SafetyCulture News
category
By SafetyCulture Team
September 12th, 2018

Prevent Stock Loss With These 5 Top Tips

Managing shrinkage is a global challenge for retailers—and it’s impacting their bottom line. The Australian Retail Association says retail theft costs the industry up to $9.3 billion annually—that’s 3 per cent of total turnover. Elsewhere, the Global Retail Theft Barometer estimates that in Australia shoplifting is to blame for 39 per cent of stock loss, …

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deep learning
deep learning
Category: SafetyCulture News
category
By SafetyCulture Team
August 28th, 2018

Machine Learning Knows What You Want, but Deep Learning Knows What You Need

Tech that anticipates what you want is everywhere. Machine learning enables smart software and apps to suggest things that will interest you most—from music to movies to holiday destinations—and streamline your experience at work. Imagine if that same technology could anticipate problems and prevent them. Deep learning makes that possible. The data that’s used to …

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New retail
New retail
Category: SafetyCulture News
category
By SafetyCulture Team
August 27th, 2018

‘New Retail’ is Here and It Will Change How You Shop Forever

Order coffee through your smartphone, virtually try on clothes standing in front of a smart mirror, grocery shop without having to scan goods or pay at a register—these  futuristic possibilities are already here and will soon be shaping the way people shop. These options are a reality on a small scale now and as companies …

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Machine learning
Machine learning
Category: SafetyCulture News
category
By SafetyCulture Team
August 26th, 2018

The Tech You Don’t Know You Need but Won’t Want to Live Without

Ever sent a text that doesn’t make sense because your phone has changed a word? Everyone’s done it. “Autocorrect!” we exclaim when it happens. “So frustrating!” Have you noticed, though, that eventually your autocorrect starts to know what you’re typing before you’re halfway through a word? And it stops correcting to “Duck” every time you …

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Category: SafetyCulture News
category
By SafetyCulture Team
August 23rd, 2018

What a Future Informed by Data Might Look Like

Why are artificial intelligence and machine learning something we care about in checklists? SafetyCulture’s Tribe Engineering Lead Cameron Newman, who has played a key role in developing iAuditor’s ‘Sites’ feature, imagines what a future informed by data might look like. Where do you see machine learning now? Today at the moment we’re using machine learning …

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retail theft
retail theft
Category: SafetyCulture News
category
By SafetyCulture Team
August 23rd, 2018

What’s the Beef? Why Meat is Top of the List for Supermarket Shoplifters

Australians are the world’s biggest meat-eaters. On average we consume 90.21 kilograms of meat every year, beating our American cousins by 170 grams. Of that we each eat about 26 kilograms of beef annually, spending about $8.5 billion on beef products, according to Meat & Livestock Australia. In Australia, beef prices have risen 24 per …

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