DVS brings StoreVision solutions to Indian retailer
24 Jan '07
3 min read
India's leading software solutions provider, Dynamic Vertical Software (DVS) 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.