Thanks to Computer Vision Technology and AI-Image Recognition, we were able to develop the shelf monitoring solution STOCK.VISION – providing retailers an opportunity to be more efficient and optimize their human resources.
STOCK.VISION is an AI-powered shelf monitoring solutions that provide real-time information based on in-store camera footage (CCTV). Thus, the software notifies a shop assistant when restocking is required and supply the manager with some useful analytics. This eliminates problems related with communication between staff members, and with the responsible to replenish the shelves.
With STOCK.VISION you ensure that products are always in stock, and full shelves is equal to satisfied shoppers! MakeWise’s real-time shelf-monitoring and analytics system reveals what’s happening in the shelf, so you can optimize operations.
Benefits of a real-time shelf monitoring system
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! These are some overall benefits:
1) Optimizing track of resources and store conditions – With a real-time shelf monitoring systemyou can optimize your investment in the motorization of shelf availability, resulting in an increase of revenue, and costumers’ fidelity.
2) Computer Vision Technology can use CCTV – Theshelf monitoring is done by combining Computer Vision Technology and AI image-recognition software. This means that you don’t have to invest in special cameras, since the system can analyze images from your CCTV cameras.
3) Optimize workforce and availability – By automating shelf scans with a real-time shelf monitoring system, retailers can improve human efficiency, increase item availability in the shelves, and reduce price inaccuracies.
STOCK.VISION – Store Shelves Monitoring by MakeWise – How it works?!
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.
STOCK.VISION monitors and analyzes in real-time the shelf content and condition. Then, it communicates the insightful information through the system, generating alerts and data reports.
1) CCTV cameras
The system uses images from CCTV cameras to monitor the shelves contents by capturing real-time shelf images.
2) Stock Monitoring
The stock for each product in the shelf is permanently monitored, by AI algorithms that analyse the images content.
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!