Trax Retail Solutions Releases All New Case Management Solution
Trax and LPMS partner to deliver fully integrated,
best-in-class data mining and case management solutions
SCOTTSDALE, AZ – June 22, 2005 – Trax® Retail Solutions (Trax), the leading provider of loss prevention exception reporting and data mining solutions for retail companies announced today its agreement to partner with LP Software, Inc. (LPMS) to deliver a best-in-class data mining and case management solution for all retail segments.
According to Larry Miller, president of Trax, “We view the LPMS case management solution as the best case management software for retailers, and we are very proud of this new partnership. When you combine the power of our DM2 data mining technology with it’s advanced transaction level profiling intelligence system and the new one-touch “build-a-case” interface, we believe that retailers will enjoy a whole new level of speed, efficiency and effectiveness in managing their loss prevention operations.”
The new technology automatically identifies every suspect transaction with a built-in intelligence system that does not require any human to set rules, design or pick queries or guess what to search for. According to Miller, “Loss prevention investigators at any level within the enterprise can utilize the built-in transaction targeting intelligence or they can use the easy to follow drop-down prompts to build any query they can imagine. No programming or technical background is needed. And, because this application is 100% truly web enabled they can not only do queries from anywhere at any time, but the results and reports are fully drill-down capable to the transaction detail. Then, when they see any suspect activity all they need to do is click on the “Build-a-Case” button and start a case file for investigation. With another click they can add reports, case notes, interview comments, photos files, DVR links, and anything else that may apply to the investigation.”
According to Brian Eskra, president of LP Software, Inc, “This solution is easy to use, employs the only fully web enabled interface available, and is smarter and more effective than any other solution I have seen. It will definitely give retailers new efficiency, speed-up investigations and cut loss prevention paperwork. Trax is a premier loss prevention solution provider and we are very happy to partner with them.”
About Trax Retail Solutions
Trax Retail Solutions is the market leader in loss prevention, store operations control and profit optimization solutions for the retail industry and list the following companies among its clients: Albertsons, Winn-Dixie Stores, Ahold USA, Osco Drug, SUPERVALU, Harris Teeter, CUB Foods, Farm Fresh Markets, Wesco, and dozens of other fine food, drug, convenience, and retail companies. The company’s flagship ShrinkTrax Suite of loss prevention and store operations control solutions have helped over 22,000 retailers worldwide improve profits by empowering store managers with education and training, world-class technology, and industry best practices for store operations.
* DM2 is a registered trademark of Trax Retail Solutions, Inc.
Contact: Janet Allen
Director of Marketing
480.948.0001
janet.allen@traxretail.com
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