Impact of Self-checkout Technologies on Inventory Accuracy
Impact of Self-checkout Technologies on Inventory Accuracy June 10, 2022 By Adrian Beck A relatively recent and growing trend within retailing is to increasingly offer…
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Insights: Datascan Blog
What is RFID and how is it used today in the retail industry?
What is RFID and how is it used today in the retail industry? May 10, 2022 By Tyler Kern While many have likely not heard…
The Potential Role of RFID in Minimising and Managing Refunds in Retailing
The Potential Role of RFID in Minimising and Managing Refunds in Retailing April 20, 2022 By Adrian Beck Introduction For consumers, the growth in online…
Making RFID a Success: Lessons on Implementation
Making RFID a Success: Lessons on Implementation March 18, 2022 By Adrian Beck Introduction The history of RFID utilisation in retailing is perhaps best described…
The Evolution of RFID in Retailing: A Maturity Model
The Evolution of RFID in Retailing: A Maturity Model February 16, 2022 By Adrian Beck Introduction As I discussed in an earlier blog on the…
The Role of RFID in Enabling Omni-channel Retailing
The Role of RFID in Enabling Omni-channel Retailing January 3, 2022 By Adrian Beck Introduction A recently published ECR Report, which focussed upon on the…
Making the Case for Utilising RFID in Retailing
Making the Case for Utilising RFID in Retailing December 2, 2021 By Adrian Beck Some technologies can often be on a very slow burn before…
Establishing a Maturity Model for Total Retail Loss
Establishing a Maturity Model for Total Retail Loss October 19, 2021 By Adrian Beck Introduction It is now 5 years since the first Total Retail…
Getting to Grips with the Hot Concept in Retailing: Focusing on the vital few rather than the trivial many
Getting to Grips with the Hot Concept in Retailing: Focusing on the vital few rather than the trivial many September 15, 2021 By Adrian Beck…
To Count or Not to Count: Understanding the Impact of Inventory Counting on Retail Sales and Loss
To Count or Not to Count: Understanding the Impact of Inventory Counting on Retail Sales and Loss June 14, 2021 By Adrian Beck I recently…
Generating Inventory Data Through Video Analytics: Development or Distraction?
Generating Inventory Data Through Video Analytics: Development or Distraction? May 11, 2021 By Adrian Beck As part of the ECR Retail Loss Group’s regular sessions…
Why out-of-stocks should be part of a Total Retail Loss perspective
Why out-of-stocks should be part of a Total Retail Loss perspective March 22, 2021 By Adrian Beck The most recent iteration of the Total Retail…
Emerging from the Loss Prevention Data Desert: The Value of Data Analytics
Emerging from the Loss Prevention Data Desert: The Value of Data Analytics March 4, 2021 By Adrian Beck As William Deming rather pithily put it:…
The Importance of Inventory Accuracy for Retailers
The Importance of Inventory Accuracy for Retailers February 12, 2021 By Adrian Thomas Retailers have long met challenges with inventory accuracy. While technology has provided…
The Evolving Retail Risk Landscape: Getting to Grips With Online Returns
The Evolving Retail Risk Landscape: Getting to Grips With Online Returns February 5, 2021 By Professor Adrian Beck As I mentioned in my last blog…
What Does the Future of Retail Look Like?
Retail Roundtable DiscussionThe Future of Retail, presented by MarketScale February 1, 2021 What Does the Future of Retail Hold? Retail had a turbulent 2020. It…
The Rise of E-commerce: Managing an Evolving Retail Risk Landscape
The Rise of E-commerce: Managing an Evolving Retail Risk Landscape January 13, 2021 By Professor Adrian Beck As the retail sector continues to grapple with…
Managing Retail Risk in a Global Pandemic
Managing Retail Risk in a Global Pandemic November 20, 2020 By Professor Adrian Beck In May 2020 I published a short article reflecting upon retail…
How Do Inventory Records Become Inaccurate?
How Do Inventory Records Become Inaccurate? November 6, 2020 Retailers rely on accurate inventory records to execute efficiently, reduce expenses, and more importantly increase sales. …
Celebrating 50 years of serving the retail industry
Datascan is privileged to have served the retail industry for 50 years with their store inventory counting needs. We are looking forward to continuing the…
How Do Inaccurate Inventory Records Erode Operational Efficiency?
How Do Inaccurate Inventory Records Erode Operational Efficiency? By Herb Billings July 14, 2020 Retailers – do your omnichannel strategies suffer from inaccurate inventory records? …
How Do Inaccurate Inventory Records Cause Lost Sales?
How Do Inaccurate Inventory Records Cause Lost Sales? By Herb Billings June 17, 2020 We now know that counting more often lifts sales by up…
Do Inaccurate Inventory Records Really Impact Sales?
Do Inaccurate Inventory Records Really Impact Sales? By Herb Billings June 11, 2020 For retailers, counting stock is a chore and requires a sizable investment…
Does Inventory Record Accuracy Differ by Market Segment?
Does Inventory Record Accuracy Differ by Market Segment? By Herb Billings June 3, 2020 Does inventory record accuracy differ by Market Segment? You bet it does!…
Another Inventory Accuracy Formula
Another Inventory Accuracy Formula By Herb Billings May 26, 2020 In a previous article we discussed how Datascan’s preferred inventory accuracy percentage calculation relies on the absolute…
Inventory Accuracy % Is Not Enough
Inventory Accuracy % Is Not Enough By Herb Billings May 13, 2020 Inventory accuracy percentages can be misleading! We already know that inventory accuracy is a…
What is Inventory Accuracy?
What is Inventory Accuracy? By Herb Billings May 7, 2020 Just what does inventory accuracy mean in a retail environment? How is it calculated? Why…
Retail-to-Go Requires Accurate Inventory
Retail-to-Go Requires Accurate Inventory By Herb Billings May 1, 2020 “Retail-to-go” is a new buzzword – it’s essentially the curbside pickup of items your customers purchase…