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Loss prevention initiative at Monsoon Accessorize

Monsoon Accessorize has chosen LossManager to help improve its loss prevention efficiency and protect margins from erosion due to internal, external fraud and process abuse


The IDM Software solution allows retailers to analyse data across their entire estate, integrating information from multiple sources and promoting collaborative working with other retail departments to quickly pinpoint and tackle losses. Richard Lawrance, head of audit and loss prevention at Monsoon Accessorize, says: “We chose IDM Software for two main reasons. Firstly, their unparalleled experience in loss prevention data mining and secondly, LossManager was the first ‘true’ enterprise loss prevention data mining application that we have seen. The ability to combine a variety of sources of information into a loss prevention dashboard provides us with a valuable holistic view and will certainly aid resource management. Our retail operations team is also enthusiastic about being able to use it for their needs.”

 

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