Sysrepublic helps retailers worldwide to reduce their costs and increase their profits through the use of our market leading Retail Intelligence and Integration solutions.
Our pioneering spirit and deep retail experience enables us to provide simple solutions to complex retail challenges, making us a trusted partner with some of the world’s largest retailers – 64% of UK supermarket traffic is being continuously examined using Sysrepublic Loss Prevention and Retail Integration solutions.
Since 2002, top retailers that depend on Sysrepublic solutions include Walmart, Safeway, Tesco, Sainsbury’s, 7-Eleven, Marks & Spencer, Asda, IKEA, WinCo and Wegmans.
History
Sysrepublic was founded in 2002, and is a global leader in intelligence solutions for the enterprise retail market, predominantly in POS loss prevention and systems integration. Secure, the company’s flagship loss prevention software is used by retailers worldwide to detect and prevent employee fraud, theft and shrink.
Sysrepublic is 100 percent privately owned with offices in London, Los Angeles and Warsaw.
Market
Stepping up loss prevention measures is critical for retailers to protect company assets. According to the University of Florida’s 2009 National Retail Security Survey Report, retailers rate employee theft as the single most significant source of shrink. Other areas of shrink contributing to company losses were shoplifting, administrative and vendor fraud. Total shrink is estimated at $33.49 billion and annual employee theft is estimated at $14.4 billion.
Management Team
Sysrepublic’s seasoned management team understands the retail market end-to-end. The team has over 80 years of retail experience at all levels, working with many of the world’s largest businesses.