DVS launches StoreVision solutions for Indian Retailers
StoreVision one of the leading European company provider of internal shrinkage reduction solutions for retail - The solution tenders key to internal shrinkage by 0,5-1.0% - StoreVisions new system StoreCtrl® was launched 2006, and is the most advanced system available on the market in its fields.
Tweet-- India’s leading software solutions provider, DVS today launched Store-Ctrl® a digital video auditing and surveillance system to stimulate retail operations. The software is known to help retailers in loss prevention, operations, risk management and merchandising.
The Store-Ctrl® solution combines state-of-the-art technology in software development and DVR/video compression hardware with over 30 years of domain expertise in retail transaction auditing.One main advantage of this new generation Store-Ctrl® solution is that is based entirely on open-standards and takes advantage of leading-edge DVR hardware (rather than proprietary hardware). The Store-Ctrl system allows management to more efficiently supervise POS activity and to identify and reduce shrinkage due to theft, poor training, cashier errors, etc.
Announcing the launch of StoreVisions solutions, Ms Rakhee Nagpal, Managing Director, Dynamic Vertical Solutions, said, “We strive to provide Indian retailers with operational excellence and StoreVisions new product Store-Ctrl® is another step by us to make them improve their bottom lines. Internationally, retailers using the solution have experienced a consistent and persistent reduction in total shrinkage of at least 0.7% of sales, a direct net profit improvement and we expect it to be better for Indian retailers. ”
The StoreVision solution is great success by leading retailers in the U.S., and more recently also in Iceland, Norway, and Denmark. Installations with large retailers in United Kingdom and The Netherlands have already been concluded.f.eks. Shoprite® supermarkets in USA, Magasin a department store chain in Sacandinavia, IKEA in UK, Ahold in the Netherlands .
Key Features
- Pre and post-motion recording
- Password protection allows only authorized users to enter user definable features
- Digital watermarking
- E-map lays out the locations of Video cameras, sensors and alarms within the facility floor plan.
StoreVision helps in:
- Synchronized video and data with anytime, anywhere access to 24x7 image recording
- Superior granularity of images and data, providing point and click access to images of individual receipt items
- Real-time transaction processing engine providing instant access to individual items and messages on a real-time basis
- Powerful data-mining software with integrated reporting capability including data, images and auditors comments
- Distributed access across an intranet of the Internet
Internal shrinkage is a growing challenge for retailers, now accounting for 55-60% of the total shrinkage. Fully integrating transaction data and CCTV video images, the StoreVision solution successfully filters out all “high-risk” transactions, allows for quick review and identification of transaction shrinkage, and reporting to retail management. The StoreVision solution has been proven in various retail formats, including pharmacies, convenience stores, supermarkets, hypermarkets, specialty stores, and department stores.
Notes to Editor
About Dynamic Vertical Solutions
Dynamic Vertical Solutions (DVS) is a market and technology leader in end-to-end integrated and adaptable business management applications providing comprehensive solutions for organizations of all sizes and all Industry sector. DVS is the exclusive distribution partner of the LS Retail suite of solutions for the Indian market. Headquartered at Gurgaon, New Delhi, the team at Dynamic Vertical Solutions interacts with various industry and delivers solutions requiring research, analysis, product designing and market innovation
About StoreVision Group
StoreVision-Group was founded in 2002 to provide European retailers with the StoreVision system and solutions, tailored to successfully address growing internal shrinkage of retailers. It is a leading European provider of internal shrinkage reduction solutions for retail. StoreVision-Group is fast growing dynamic European market leader, providing successful solutions to retailers in reducing their internal shrinkage.
For Further Information please contact:
Deepali Girdhar Jaya Duggal
Sr. Consultant- Account Management Manager – Marketing
Ogilvy Public Relations Worldwide Dynamic Vertical Software Pvt. Ltd.
1, Okhla Industrial Estate Vatika Towers, Phase - III Block A, 1st Floor, New Delhi – 110020 Sector 54, DLF Golf Course Road, India Gurgaon – 122002
Ph: +91-11- 44344659/9873148300 Ph: +91-124-4581036
Fax: +91-124-44344710 Fax: +91-124-4581026
deepali.girdhar@ogilvy.com jaya.duggal@dynamicverticals.com