Case studies/Multi-Store Convenience Retailer
Profit intelligence across a 20-store convenience network
CStore AI is an intelligence platform for a 20-store convenience and fuel network: fraud detection, predictive inventory, and natural-language business reporting. The program addressed an estimated USD 165,000 per store per year in shrinkage, carrying cost, and manual effort. Result figures below are the client's estimates.
$165K
Estimated annual cost impact per store
$2.4M
Estimated network-wide impact
1 to 2%
Estimated annual shrinkage reduction
-75%
Estimated reduction in investigation time
Delivered
- CStore AI Guardian: fraud detection
- CStore AI Prognos: predictive inventory
- CStore AI Oracle: natural-language business reporting
- CSERP: an ERP foundation for convenience stores
- Real-time dashboard across all stores
- Automated fraud alerts with explanations
What changed
- Shrinkage reduced by an estimated 1 to 2% a year, over USD 10,000 per store
- Fraud investigation time down an estimated 75%
- False positives in fraud detection down an estimated 90%
- Inventory carrying cost down an estimated 15%
- Stockouts down an estimated 25% with demand forecasting
- Manual invoice entry down an estimated 80%
- Time to a reporting answer down an estimated 90%
“Magnitudeminds built us a profit optimisation system that catches fraud we never could before and gives us insights we never had access to. We have reduced shrinkage by 1 to 2% annually, saving over $10,000 per store.”
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