1. Raising profit and Controlling Shrink
Data Analytics
Raising profit and Controlling Shrink

2. Your Topic Here Shrink Profit Asset Protection Focus on Profit
Statistical Analysis
Store Profit Sheet
Primary Attributes – Actionable
Non-Sales Transactions
Guidance
Shrink
Profit

3. Statistical Analysis

4. Store Profit Sheet
Your Topic Here

5. Primary Attributes Example of Guidance Worker’s Compensation
Monthly Safety Report – This report lists detail of all accident information available. Review for past 12 months (review of a year’s worth of data illustrates whether or not a store promotes a safe working and shopping environment. Do not just review the accidents that caused a chargeable claim; this can be just a small snapshot of an overall operation of a store. Determine what the unsafe condition or behavior is that is driving the accident frequency.
Equipment condition at the store – A store that has broken or non-functioning ladders or DTS equipment is one that cannot only be the cause of an accident, but also communicates to associates that safety is not taken seriously and can lead to a morale issue.
Fire and Safety Checklist – An incomplete or a checklist not filled out correctly can be indicative that the store does not take safety seriously or further training is necessary. A review of the past several months can quickly identify if issues that the store is calling out are being fixed or not. The AAPM should be the driver of resolution if repeat issues are identified.
Risk Management is the reference for challenges – If it is determined that a chargeable claim should be challenged the AAPM should be the driver of the process.

6. “Non-Sales” Transactions
Your Topic Here
Examples of Guidance
Orphaned
These are Suspended transactions that are not resumed. Some stores are using this feature to calculate the sales price for a furniture sale. It is also being used when the sale has already started but the cashier then signs up the customer for the rewards program. Rather than resuming the suspended transaction and adding the rewards number, they instead start the transaction over. Besides these training opportunities, there is a high potential for passing merchandise with these transactions since a receipt generates and all appears to be “normal”.
Assoc Disc
Although not technically a “non-sale” transaction, low associate discount transactions could indicate potential fraudulent activity. Also provides data to support and drive conversations around the “spend it where you earn it” philosophy.

7. Questions ?
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