THE CHALLENGE
Crossing the holiday hurdle with minimal losses Navigating shrinkage challenges with data-driven precision Our client, a leading off-price retailer, was grappling with significant losses due to shrinkage. They needed a timely & data-driven approach to resolve this challenge. Specifically, they needed to shift from semi-annual indications to monthly decision-making regarding shortages, provide early alerts to stores and stakeholders, and accurately identify the top categories most susceptible to shrinkage across various stores and regions. Our sustained engagement has led to a deep understanding and extensive insights into internal operations, fostering expertise in off-price retail dynamics. As a result, we were well-equipped to develop tailored solutions for challenges encountered.
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