Reducing Retail Shrinkage with AI: The MAJAR GUARD Revolution
The retail shrinkage challenge
In physical retail, shrinkage refers to inventory loss caused by customer theft and internal checkout irregularities, including employee theft. It can reduce retailers' net profits each year. Traditional security arrangements require hours of manual recording review. To address this challenge, Guy Majar's technology division developed MAJAR GUARD.
AI-based monitoring without new hardware
Guy Majar's MAJAR GUARD software works without requiring retailers to purchase new hardware or replace their existing computing systems. Its AI model connects to the checkout systems and security cameras already installed, such as those used at Candy World Glilot. It analyses activity and compares physical actions with recorded transaction data.
Focused, evidence-based alerts
When the AI identifies an unusual event that cannot be explained by the transaction data, the system does more than record a report. Guy Majar's system automatically extracts the relevant video segment and sends an immediate alert to the business owner's phone with the supporting clip. It supports oversight and loss prevention as part of the Guy Majar Holdings portfolio.