OTTAWA, Dec. 18 -- March Networks, a leading provider of video and data solutions, announced today that Giant Tiger Stores Limited has selected March Networks for its enterprise-wide deployment of loss prevention data mining software.
Giant Tiger Stores Limited is a successful and renowned Canadian discount retailer with more than 170 stores across Canada. The company will use March Networks' LP data mining software, including retail point-of-sale monitoring and smart exception reporting, for operations and loss prevention. Features such as the user defined dashboard with transaction profiling and scorecards will provide Giant Tiger with effective tools to analyze store activity, allowing them to reduce shrink and optimize overall operational performance.
"An important part of Giant Tiger's business model is to offer superior customer service while keeping operating costs low and allowing savings to be passed to the customer," said Mike Lewis, Senior Vice President of Information Systems for Giant Tiger. "By implementing best-in-class loss prevention software from March Networks we will have the ability to reduce shrinkage costs and enhance the operations of each store."
"Progressive retailers such as Giant Tiger are realizing that technology related to loss prevention and reducing risk have a positive impact on the company's bottom line," said Peter Strom, President and CEO of March Networks. "March Networks is proud to add Giant Tiger to its growing list of retailers using our solutions to pinpoint risk and optimize performance."