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SPRINGFIELD, Ohio -- Speedway SuperAmerica, the convenience store subsidiary of Marathon Oil Corp., selected IP video and business analysis provider March Networks to install its LP Data Mining solution at all its 1,600 convenience stores, March stated.
"The fully automated transaction analysis capabilities offered by the LP Data Mining software significantly enhance our ability to identify and investigate fraudulent activity," Mitch Hurst, Speedway SuperAmerica's manager of security and loss management, said in a statement. "We expect that the combination of March Networks' software and expert professional services will help us considerably reduce inventory shrinkage once the deployment is complete."
The agreement follows a pilot program in 200 stores, and the retailer expects to deploy the software across the chain by the end of 2007, according to the company.
Using the system, Speedway SuperAmerica will be able to reduce inventory shrinkage and improve store and associate performance, the company stated. The solution includes customizable point-of-sale transaction profiling, investigation and reporting tools, along with digital video integration. Additional features include drawer alarm alerts, prepaid fuel reports and voids by type, the company stated.
In addition Speedway SuperAmerica also selected March's professional services -- which include regular software diagnostics and remote updates by March Networks specialists -- to optimize software performance at its locations, according to the company.