One of the most costly problems for retailers may be set to decrease if Auror has anything to do with it. Yesterday, it signed a partnership with the New Zealand police that will see its technology being used to solve retail crime across the country.
Tis’ the season to be sneaky: amongst the joy and festivities this time of year, there’s more than just spirits being lifted. Shoplifting, or retail crime, is known to spike in the lead up to Christmas, but a Kiwi company called Auror is hoping to stop thieves in their tracks with its technology.
A crack team of New Zealand's best mathematicians are getting together to solve six real-world problems, including retail theft. The inaugural New Zealand Mathematics in Industry conference may produce an algorithm which can catch shoplifters before they strike.
Both on the shop floor and, increasingly, online, crime is costing Kiwi retailers more than ever before. Contributor Graham Medcalf asks, what does crime against retailers look like in the digital age, and what can we do about it?