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Vendor Spotlight 11-27-12

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Asset Protection

Stop Loss. Engage Employees. Every day.

Whether you’re in the retail space, a financial institution or in a distribution center, protecting your company’s assets is a demanding, full-time job. It’s estimated that in the US retail sector alone, shrink causes over $35 billion in losses every year.

Axonify can help turn that loss into profit.

Today, Axonify is being used by organizations as a key component in their loss prevention strategy. Typically, new employees receive initial training around the role loss prevention plays in overall performance and the consequences of theft. The problem is – after 30 days, employees retain less than 10% of training. Although ongoing LP initiatives (such as posters, hotlines, quiz cards and honesty incentives) support initial education, companies are finding that this is not enough to change long-term behavior.

To maximize positive cultural shift and financial savings, retailers are turning to Axonify. With Axonify, employees follow a personalized knowledge map to ensure they are learning, retaining and implementing training.

Employees receive a continuous flow of questions and short training bursts on a variety of LP topics, chosen by you. If your store incurs shrink due to high internal theft, you can customize Axonify to address dishonesty. If receiving errors are a main cause of shrink, include extra training on vendors and procedures.

Axonify training actively engages your employees, and when you leverage its gaming and reward components, engagement and program buy-in surge. With Axonify, you’ll know exactly what knowledge gaps exist and who exhibits them. Content can be managed dynamically, so any change in focus or message can be pushed out to employees immediately. And with Axonify, training doesn’t have to interrupt workflow anymore.

Find out more about the Axonify solution.

Peggy Nitsche

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