Question: Can you recommend a retail technology solution that helps reduce shrinkage and improve inventory management?

If you're looking for a retail technology solution to curtail shrinkage and optimize inventory, RadiusAI is a good choice. Its visual intelligence solutions, including VisionAI for checkout and inventory, offer real-time tracking and inventory management. ShopAssist and ShopAssist Pulse accelerate transactions, ease employees' workloads and keep tabs on inventory levels so stores don't run out of products customers want. The result: big savings by catching problems as they happen and giving retailers a clearer picture of where products are disappearing.

Another interesting option is RELEX, a supply chain and retail planning platform that uses machine learning to make data-driven decisions. It includes modules for managing and optimizing retail and manufacturing operations, like inventory management and supply chain planning. RELEX offers real-time visibility and collaboration, allowing retailers like Lowe's and Rossmann to optimize their inventory and supply chain operations, reduce costs and increase sales.

For those who want to marry video surveillance with more advanced analytics, DTiQ offers a range of business innovation solutions. Its intelligent video surveillance and loss prevention solutions are geared for retail, offering insights and exception-based reporting to identify suspicious activity. The platform is designed to improve loss prevention and operational efficiency, as seen in deployments at companies like Popeyes and Shipley Do-Nuts.

Last, Profitect uses prescriptive analytics to help retailers optimize profit margins. With tools like inventory optimization, sales and exception-based reporting, and a mobile field app, Profitect offers near-real-time insights. The platform spans multiple departments, offering a flexible option to optimize operations and improve inventory accuracy, sales and waste reduction.