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Sally Beauty Installs Profitect's Loss-Prevention System

April 13, 2016: 12:00 AM EST
Sally Beauty Supply implemented a prescriptive analytics system from Profitect in order to improve its loss-prevention practices. Upon implementation, however, the company realized the system is providing other benefits, such as enabling departments to look at point-of-sale data gathered by the system to analyze what customers are buying and how to upsell or cross-sell those customers. Another feature of the system that company executives like is that instead of generating huge volumes of reports, the system analyzes the data and informs store managers where losses occur and how to correct the problem.
Lauri Giesen, "A Beautiful Solution", National Retail Federation, April 13, 2016, © National Retail Federation, Inc.
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