Tyco’s Store Performance Platform
According to Bill McBeath of ChainLink Research: “Historically, each major retail store function has been managed in silos—security and loss prevention, labor/workforce management, inventory, promotions, and merchandising—each with its own separate systems, strategies, and personnel. That is starting to change. Loss prevention is being consolidated into other organizations. The management of promotions, labor, inventory, and merchandising is being integrated. We are moving towards the concept of the Integrated Store.”
Leaders understand that today’s retail environment is changing and strategic integration of key entities across the store – shoppers, inventory, store environment and associates – are paramount to long term success. As such, retailers must look at forward-thinking strategies and technologies to achieve the holy grail of the “integrated store” to improve business performance and build shopper loyalty. To help get there, retailers need a partner that recognizes, responds, and delivers the technology, solutions, and expertise needed to stay one step ahead—while staying in touch with the constantly changing needs of their customers.
According to Scott Clements, President, Tyco Retail Solutions, “Across the globe, large volumes of capital are being invested in the opening of new stores. With more than 45 years in the retail business, we provide the tools necessary to operate those stores with greater efficiency.”
Tyco Retail Solutions, a $1B division of Tyco Fire & Security, has the industry focus, experience, technology and vision to help forward thinking retailers meet their objectives today—while ensuring key investments are leveraged and protected in the future. The company offers not only a range of data-driven solutions that address store execution, traffic and inventory intelligence, loss prevention and life safety, but an Integrated Store Performance Platform, combining Tyco’s leading store performance and security solutions to break down traditional retail operational silos and promote holistic decision making in the store.
The software platform leverages Tyco’s store performance and security solutions to capture, interpret, report and intelligently respond to real time operational data from stores, employees, inventory and shoppers to optimize retail operations. In addition, the integrated platform delivers interoperability across a wide variety of sensor devices (EAS, RFID, Traffic, Video) and based on “cross sensor” data analysis, retailers gain unprecedented in-store and enterprise level intelligence.
Tyco Retail Solutions suite of data-driven solutions, break down the walls between traditionally siloed retail functions and create an integrated real-time store execution environment to drive operational efficiencies across all entities– customers, inventory, store and employees. Armed with intelligent, real time information, retailers are empowered to make strategic decisions affecting revenue and profitability with confidence. Through a dynamic integrated framework, Tyco Retail Solutions is the only choice on the market to help retailers execute a more efficient operation across the entire retail environment.
Providing retailers with forward-thinking solutions to improve store operations, profitability and safety in an ever changing retail environment is our business.