CAMDEN, N.J. Drug Fair Group, which operates 55 pharmacy and general merchandise stores in New Jersey, has teamed up with Agilence in an effort to reduce cashier shrink.
Agilence, a provider of Intelligent Video Auditing Solutions, is conducting a multi-store rollout of Agilence On!, a service offering that utilizes Agilence’s HawkEye software.
It is estimated that the service can reduce cashier shrink—which accounts for $14 billion in losses for U.S. retailers—by as much as 80 percent. The service is customized to each user and leverages a set of tailored analytics to identify policy violations, scams and theft.
“Agilence’s combination of multiple technologies and skilled team of professionals is a best in class solution to my cashier shrink problem,” stated Scott Bohm, director of loss prevention for Drug Fair Group. “Their platform can easily integrate future technologies and inputs with minimal cost and business interruption.”