ECRA’s Loss Prevention Forum consists of a group of companies who have been working together for three years in developing many tools and resources for the FMCG industry to assist in efforts to fight ‘shrinkage’ - primarily focussing on reducing theft of product in store
The forum members are currently undertaking preliminary work to determine the potential for a research project designed to provide clear understanding of the loss risks associated with new and emerging shopper technologies, with a focus on Self Scanning Checkouts and Mobile Payment technologies.
Next steps include liaising with academic experts from Australian universities to scope a program of research for the project. If the proposed program is approved by the Forum and financially viable to ECRA it will then be put to the ECRA Board for consideration.