Profit Protection the New Loss Prevention: Webinar December 20th at 1 pm EST

Dec. 14, 2010 - PRLog -- Profitect to Host Webinar on Profit Protection the  New Loss Prevention
Free 1 hour webinar on Monday, December 20th at 1:00 PM EST

Learn how to Increase profitability by reducing Shrink, Waste and Margin Loss through organizational synergy and operational efficiency across the entire value chain from POS and Store Inventory to Supply chain and Procurement

Shift your focus from loss prevention activities to profit protection strategies
Today there are many external and internal factors that are working against a retailer’s bottom line. Profit losses occur at hundreds and thousands of points throughout your retail value chain. The webinar will identify practical strategies for retailers to recover losses and increase profits through profit protection processes.

Attendees will learn how to:
•   Identify losses in terms of shrink, waste, and margin loss that can be traced back to process failures, poor training, and non-compliance issues as well as bad intentions.
•   Realize untapped profit opportunities across the entire enterprise from POS and store inventory to the supply chain and procurement.
•   Drive collaboration and synergy among the different parts of the organization with a stepwise approach to build a profit protection culture.
•   Analyze past shrink and waste trends, correlate different data sources, find root causes of problems and then take proactive actions with best-in-class solutions.

Click here to register for the December 20th webinar http://www.profitect.com/news-and-events/webinars/webinar... or for further information contact Lisa Strunin at 781-290-0009 or lisa@profitect.com. www.profitect.com.

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Profitect offers a comprehensive suite of software solutions that targets waste, margin erosion, and shrink for increased retailer’s profit through loss prevention, fraud detection and compliance assurance. The solution shifts your loss prevention process into a profit protection process, turning knowledge into actions by employing both predictive analytics and pattern recognition algorithms to; Pinpoint risk areas and entities; Generate actionable alerts; and Prescribe corrective actions.

We deliver a 5-8% profit increase in less than 12 months at major Supermarket, Convenience Store, Department Store, Specialty and Fashion Chains across Europe, Asia, South Africa and North America. Contact Lisa Strunin at lisa@profitect.com or visit Profitect.com.