Shrinkage in retail indicates the loss or reduction in inventory due to theft of items by employee, damage in transit or in store, shoplifting, vendor fraud, and other such mishaps. It is becoming a major concern for retailers as these losses have a negative impact on their bottom line. An estimate from the National Retail Security Survey on retail theft indicates that, in 2016 shrinkage, cost retailers around $49 billion in losses. In 2017, on an average Shrink cost across retailers was about 1.33% of sales. Shrinkage rate in supermarkets tend [...]

OverviewIndia is the second most populated country in the world with more than 15% of people suffering from arthritis out of which nearly 40 million people require knee replacement immediately. The Indian orthopedic market is growing at a faster rate when compared with the global growth rate and the primary factors driving the market include increase incidence of osteoporosis and arthritis, demand for minimally invasive surgeries, swiftly growing medical tourism industry, and investments in mid-t [...]

Electrophoretic is an optical component of a film used in electronic paper display (EPS). The e-paper display is filled with thousands of microcapsules, comprising positively charged (white) and negatively charged (Black) pigments suspended in a clear liquid encapsulated in a sealed microcapsules/microcap and coated onto a clear film. E-paper displays consumes extremely less power compared to other displays, as it is bi-stable in nature - consumes power only while updating the images/data. The demand for e-paper display has been increasing rapi [...]

Human Capital Management or Human resource management system (HRMS) is a set of practices required for human resource management. HCM technology helps organisations for work force management, workforce acquisition and workforce optimization. The technology helps the organisation employees to manage employment modules such as the attendance, leave, payroll, hiring, training etc throughout the employee lifecycle. This also helps human resource (HR) teams of companies to monitor employee details, skills, and day to day activities.

Globally, tuberculosis kills approximately 1.7 million people each year, and antibiotic resistance plays a role in the majority of deaths. New research conducted at the University of Notre Dame suggests that the known structures released by the infected cells may be used in tandem with antibiotics to boost the immune system in fighting the disease. The paper published in EMBO Reports describes how the structures, extracellular vesicles (EVs), contain Mycobacterium tuberculosis RNA and transfer it to other cells; this starts [...]

Banking and finance sector is increasingly implementing AI and automation with increasing need for reduced cost and ease of operations in areas such as investment banking.Investment banking came into existence to fulfil the long-term capital needs of the businesses. Currently it is witnessing technological transformation owing to the emerging digital transformation which includes technologies such as

As we witness more and more data breaches of organizations, let’s look on some of the major development in breaches and threats emergence over the years. We are into the digital age and all organizations stores data on local machines, databases and cloud servers. Data breaches came into existence from the time when people or organizations started maintaining records and private information prior to computing era. Most of the data breaches started from 2005 when technologies started to advance and today data breaches can affect hundreds an [...]

Pricing is a major point of concern for many airlines since the business consumes a huge amount of capital expenditure (CAPEX) and operational expenditure (OPEX). The aviation market has always witnessed competitive pricing by offering unique products with value added services such as In-Flight connectivity, In-Flight meal services, baggage allowance and seat preference servicesA major trend attributing to the growth in the passenger aircraft market is the growth of premium economy classes. This segment mainly caters to the [...]

Industry 4.0 can be defined as vertical and horizontal integration of production systems which enhances reliability and efficiency in the production environment, driven by communication and information technology.Impact of Industry 4.0 on RFID Market RFID technology is becoming the integral part across automotive and industrial production lines, as it allows IT system to interact with the [...]

Cloud computing has evolved into multi-cloud strategy, which involves the combination of two or more cloud computing services and helps to avoid vendor lock-in. Initially companies adopted this strategy due to uncertainty regarding cloud reliability. Laws and regulations in certain region mandate enterprise data to be physically resided in certain locations, which has also driven the adoption of multi-cloud strategy.Another major trend in