British supermarket giant Asda has selected Sensormatic Shrink Management as a Service (SMaaS) solution from Tyco Retail Solutions to offer visibility into electronic article surveillance (EAS) and loss prevention systems for all its 642 stores.
The implementation is part of the retailer’s five-year strategy with Tyco to upgrade its EAS solutions and tagging eco-system, as well as alarm sensors at the store level.
Powered by Google Cloud, Sensormatic SMaaS offers device management and predictive analytics enabling retailers to manage shrink while addressing underlying root causes.
Asda Asset Protection senior manager Andrew Rees said: “Building upon our EAS foundation, we now have new insights and centralised management which provides efficiencies with our EAS equipment, allowing us to refocus our efforts and more proactively manage our estate in real-time across 642 stores.
“The true benefit will be realised when we can act predictively to support our stores with this new level of visibility SMaaS delivers.”
SMaaS will deliver real-time automatic notifications to the retailer’s loss prevention professionals assisting them in identifying serious issues that need immediate attention.
It also allows Asda to take preventative measures in streamlining operations as well as focusing on centralised management processes, optimising store labour and possible training gaps.
Tyco Retail Solutions senior vice-president and general manager Catherine Walsh said: “Sensormatic Shrink Management as a Service delivers actionable intelligence for operations and merchandising.
“By examining this data, Asda is now in a better position to understand the potential impact on shrink, and make effective data-driven decisions that will positively influence bottom-line results.”