Real-time Shelf Monitoring: Computer Vision and AI-powered image recognition combined to deliver the Best Retail Shelf Monitoring Technology!

It’s a fact that e-commerce is growing fast. A lot of consumers are shifting towards online shopping, and there are some causes for that… being the biggest, the Out-of-Stock and Out-of-Shelf (Stock out).

This problem has been an issue since the existence of retail and consists of an empty shelf for your costumers. Nonetheless, if the merchandise is not on the shelf, it can be in the warehouse or in a secondary placement on the sales floor.

Lack of communication between store employers, lack of resources or overworked staff can contribute to stock-out situations.

Now, a sustainable and efficient solution for this problem may have been found!

Real-time Shelf Monitoring with Computer Vision and AI

Thanks to Computer Vision Technology and AI-Image Recognition, shelf monitoring solutions arise, providing retailers an opportunity to be more efficient, and optimize their human resources.

For example, AI-powered shelf monitoring solutions can provide real-time information based on in-store camera footage. Thus, the software notifies a shop assistant when restocking is required. This also eliminates problems of communication between staff members, and with the responsible to replenish the shelf, making the life of retail managers much easier.

It’s a known fact that consumers are more likely to return to a store if they regularly find their favorite products on the shelf. So, AI analytics can help to ensure that products are always in stock, and full shelves is equal to satisfied shoppers!

STOCK.VISION – Store Shelves Monitoring by MakeWise

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Now, it’s possible to automate shelf monitoring by combining images from CCTV, Computer Vision technology, and AI-Driven image recognition. With STOCK.VISION (a solution, developed by MakeWise) it’s possible to provide real time item availability information based on in-store camera footage.

1) CCTV cameras – The system uses images from CCTV cameras to monitor the shelves contents

2) Stock Monitoring – The stock for each product in the shelf is permanently monitored.

3) Alerts – When the stock for a given product falls below a threshold an alert is generated with the shelf and product identification.

With STOCK.VISION you can automate monitoring processes, improved accuracy and optimizing your store liability, giving you the opportunity to deployed human resources more effectively.

Confirm all MakeWise’s solutions here, and if you want to use Computer Vision for the digital transformation of your company, contact us!