News Article

06-04-2018

Integrating Analytics in Loss Prevention

Written by David Speights, Ph.D., Daniel Downs, Ph.D., and Adi Raz, Ph.D, this article discusses how the use of analytics and predictive modeling is a critical component in the future of loss prevention. The ability to assess patterns in data, measure loss prevention programs, and make decisions in real time is fundamental in solving complex issues related to customers, sales, and loss. As criminals become more sophisticated, they will always go to areas of weakness; retailers that have not adopted an aggressive strategy for detection and prevention will be easy targets.

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