Nintendo Solves Return Dilemma; Helps Entire Industry Improve

Tag : nintendo accessories

In retail, there's no bigger asset, no bigger security risk, thanthe products you sell. Every year, retailers and manufacturers losetens of billions of dollars due to unverifiable product returns,product return fraud and theft. And it's not always from consumers;according to the National Retail Federation, in most retailcategories more than half of all theft is employee related. Andmany of these products are later returned for cash or credit.
So for manufacturers and retailers, there's nothing more importantthan protecting those assets through every means possible: bybetter inventory management, point-of-sale tracking, and activeloss prevention and asset recovery procedures.
One company, gaming giant Nintendo of America, Inc., decided toaddress this issue to give themselves, and their retailers, abetter system to control their costs and increase theirprofitability by creating a mechanism to reduce unwarranted andfraudulent returns. The system developed, POS Electronic ProductRegistration, has not only benefited Nintendo, it's become avaluable tool for manufacturers and retailers throughout NorthAmerica.
POS Electronic Product Registration