BOOK A MEETING FR An intelligent shelf is another application of AI in shopping that facilitates the checkout process. Such a system typically includes computer vision and sensors mounted on shelves. This technology can identify shoppers picking items from a shelf or returning them. It correctly matches buyers and products and charges consumers for their …
Category Archives:
Automation/ Robotics
BOOK A MEETING FR Supermarkets of the future increasingly adopt robots to tackle inventory-related problems, such as preventing out-of-stock items, incorrect labeling, and pricing. Additionally, robots can help futuristic grocery store employees cope with the increasing demand for deliveries. Many companies are using robots to scan the inventory and pick the right items for each …
Reducing theft
BOOK A MEETING FR AI-powered supermarket technology can detect inappropriate behavior among both buyers and cashiers. Incorporating computer vision in shopping can help store security managers identify theft attempts(shoplifting). Sweethearting is another form of theft when cashiers fake the act of scanning items at checkout in favor of consumers.Smart store technology can help spot such …
Making warehouse/store-level stocking decisions
BOOK A MEETING FR Keeping a product batch on shelves too long consumes space that can be used to sell a different product. Removing products too soon from shelves will create scarcity and will cost you. But, deciding on either isn’t easy using just human instincts. That’s where AI-infused data analytics come to your rescue. …
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Inventory Management/ AI-based forecasting in grocery stores
BOOK A MEETING FR Inventory management or warehouse management is a bigger challenge than it appears to be. But, it’s not impossible to minimize the losses that occur due to over/under-stocking. Real-time data allows grocery stores and supermarkets to forecast the potential sales and demand of their items through predictive analytics, highlighting which items are …
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Pricing
BOOK A MEETING FR In the supermarket’s price-sensitive industry, determining the right price that will attract enough customers and allows them to stay competitive is a difficult task. However, data analytics empowers supermarkets and grocery stores to price their items right. Through examining real-time sales numbers and customer feedback, they are able to determine the …
Marketing Campaigns and Promotions
BOOK A MEETING FR Data analytics takes advantage of the valuable data generated by consumers whenever they purchase items, be it offline or online. This data paints the customer profile, and with the frequent purchases happening in supermarkets, these businesses will be able to see patterns in shopping behaviour to which they can leverage on. …