The Smart Retail Tech Expo logo

10 & 11 March 2021

LVCC, Las Vegas

David Erasmus: Speaking at the Smart Retail Tech Expo

David Erasmus

Director, UK & Europe  -  DATASCAN

Improved Inventory Record Accuracy Drives Sales Growth

Recent research commissioned by the ECR Retail Loss Group, and conducted by academics from 3 leading universities found that improving inventory record accuracy (IRA) resulted in an increase of sales ranging between 4% and 8%.

This presentation provides a summary of this research, key takeaway messages and aims to share insights to improve inventory record accuracy based on Datascan''s 50-year history of enabling inventory counts with leading global retailers such as, among others, H&M, Nordstrom, PVH, Diesel, Urban Outfitters, Dr. Martins and Ann Summers.

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