Briefs

The British fashion retailer has achieved a return on its investment three months after installing new loss prevention data mining software.

By Miya Knights, 27 Nov 2008

British fashion retailer Jaeger has used a new data-mining tool to achieve a return on investment (ROI) in just three months.

The company installed the IDM Software tool to identify potential fraudulent staff activity and internal procedural issues in its stores by merging and analysing electronic point-of-sale (EPOS) transaction information alongside other, more complex data streams.

Steve Hearn, Jaeger head of safety and security, said the tool had already triggered interesting and unexpected lines of enquiry that would not have been visible before.

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