The Retail Knowledge Fraud Awards recognise outstanding performance of vendors and retailers working in the retail sector, as judged by their peers, in dealing with risk and asset protection.
For the Most Innovative Cross Functional Solution the judges were looking for an innovative product, solution or service that had a risk and loss prevention benefit that sits outside of the Profit Protection department.
In partnership with RAS, Sainsbury’s trialled the Entopy’s SOaaS Tracca system which has allowed unprecedented visibility of targeted areas within their supply chain. Together RAS and Sainsbury’s can now address opportunities identified which are directly leading to reduced shrinkage and increased sales.
This year was by far the most hotly contested Fraud Awards ever and with 8 shortlisted projects in the category, as the overall winners RAS and Sainsbury’s were honoured to receive one of the highest accolades in the industry.
Lois Heywood Retail & Asset Solutions CEO said “it was a really amazing night, I am so very proud of the RAS team, it is a great accolade to win in our first 6 months of trading, and one which further underpins the unique work that we are carrying out with our customers in their supply chains”