Jaeger expects a quick return on investment from a data-mining system that went live three months ago.

The retailer expects the system – from IDM Software – to pay for itself in months rather than years through improvements it will be able to make to its bottom line.

Jaeger head of safety and security Steve Hearn said that the implementation had taken longer than planned, as Jaeger decided to merge in data from more than just its EPoS system. However, the results have exceeded expectation.

By analysing time and attendance, supply chain, product development, and design data, the retailer has been able to spot process inefficiencies as well as potential fraud.

Hearn said the adoption of the system has turned out to be timely, given trading conditions, and will help to make the business as profitable as possible.

He added: “It has become the data warehouse for the business much quicker than expected.”

The audit team are also able to use the system for reporting such as basket analysis and Hearn said that rather than being a thief catcher, it is now being used to underpin business decisions.