DVS launches storevision solutions for Indian Retailers

StoreVisions new system StoreCtrl was launched 2006, and is the most advanced system available on the market in its fields.

India's leading software solutions provider, DVS today 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. 

Key Features 

Pre and post-motion recording 

Password protection allows only authorized users to enter user definable features 

Digital watermarking 

E-map lays out the locations of Video cameras, sensors and alarms within the facility floor plan

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 .

StoreVision helps in: 

Synchronized video and data with anytime, anywhere access to 24x7 image recording 

Superior granularity of images and data, providing point and click access to images of individual receipt items 

Real-time transaction processing engine providing instant access to individual items and messages on a real-time basis 

Powerful data-mining software with integrated reporting capability including data, images and auditors comments 

Distributed access across an intranet of the Internet

Internal shrinkage is a growing challenge for retailers, now accounting for 55-60% of the total shrinkage. Fully integrating transaction data and CCTV video images, the StoreVision solution successfully filters out all ?high-risk transactions, allows for quick review and identification of transaction shrinkage, and reporting to retail management.

The StoreVision solution has been proven in various retail formats, including pharmacies, convenience stores, supermarkets, hypermarkets, specialty stores, and department stores.

CIOL Bureau