Ness: Improving Loss Prevention by Applying Swarm Intelligence

By Kuruvilla Mathew

In retail, theft and intentional damage to merchandise is a common problem. Retailers have several loss-prevention solutions in place, but theft still occurs as shoplifters find new ways to steal a product or even part of a product. Monitoring systems at retail stores use traditional video surveillance where the person behind the camera determines unusual behavior that needs investigation. But nowadays, retailers need to step up loss-prevention techniques in big ways, as merchandise loss can happen not only at the store, but also in the warehouse, distribution center, depots, while in transit, etc. 

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