A 150 Store Chain based in the Midwest United States
A 150 store chain was averaging 4.5% shrink. When Periscope was introduced, shrink was reduced by 30% in the HMR and meat departments due to better forecasting and planning.
Store execution was slipping and shrink was increasing. Periscope introduced best practices to enable store operators to improve decision making by having data and tools visible and usable at the local store level. Shrink was reduced and $9.1 Million in incremental profit was realized.