Sunday, March 1, 2009

Food Marketing Institute's Loss Prevention Conference

The conference is about to start!

Just like San Diego, the opening reception and the entire exhibition hall is actually a large tent!  The show is at the Hyatt Mission Bay.  Its a beautiful location.  The Agilence booth is all set-up and ready to go!  We will have a demo of our new release, 3.2, which adds a bunch of new features.

If you haven’t heard of Agilence before, let me tell you about it quickly and then I will forever hold my peace.  Well, not forever, but this blog is not about advertising for Agilence.  But, a quick overview will help set the context for future posts.

Agilence delivers a software solution for retailers that dramatically reduces shrink caused by cashier fraud, operational inefficiencies, and policy violations.Agilence at FMI

How do we do it?  Well, we have a patented technology that marries the raw data from a POS register (or other devices) with the video from cameras.  This item-level synchronization allows our analysts (or yours) to Agilence at FMIidentify, investigate, and eliminate the causes of shrink in a retailers organization.  And, as you are all well aware, shrink is expected to reach $115 billion worldwide this year.  And, almost half of that will be at the point-of-sale.

I will be Twittering during the event and posting updates here as well.  Welcome!!!

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