July 6, 2008
Retail Solutions Online: Every year, retailers and manufacturers lose tens of billions of dollars due to unverifiable product returns, product return fraud and theft. One company, gaming giant Nintendo of America Inc., decided to address this issue to give themselves, and their retailers, a better system to control their costs and increase their profitability by creating a mechanism to reduce unwarranted and fraudulent returns. The system developed, POS Electronic Product Registration, has not only benefited Nintendo, but it's also become a valuable tool for manufacturers and retailers throughout North America.