Streamline your retail operations with tailor-made, scalable computer vision
solutions by N-iX
of surveyed executives voted AI to be the top game-changing retail technology in the next three years.
of respondents from the retail industry self-reported use of AI technologies.
in annual revenue is lost by retailers due to lack of goods on shelves and wrong planograms.
From what we've seen, around 2% of customers will walk away from their shopping if they find expired or spoiled goods on the shelves. It’s a real sales hit, so keeping track of expiry dates and product quality is crucial for us.
During peak hours, our stores experience overcrowding with some departments having more buyers than others. As a result, people wait longer than they expected and it is more difficult for them to navigate the store. We observe that we may be losing up to 20% of loyal customers because of increased queue times.
Our stores lose up to 4% of revenue due to untimed shelf replenishment and wrong product placements. Moreover, breach of strict merchandising contracts with our suppliers lead to fines and reputational damage.
Maintaining stocked and organized shelves according to layout standards.
Shelf monitoring and planogram compliance enable real-time tracking of stock levels and product placement, ensuring shelves are always stocked and organized according to layout standards.
Lack of insights into customer behavior and traffic patterns, leading to suboptimal store layouts.
In-store analytics solution analyzes customer behavior and traffic patterns, providing data to refine store layout and strategically optimize product placement, which enhances the shopping experience and maximizes sales
Slow identification of spoiled or damaged products risks customer health and diminishes brand trust.
A system for detecting rotten food or damaged goods identifies spoiled or damaged products in real-time, ensuring their immediate removal. This maintains high product quality and enhances customer safety.
Retailers struggle to capitalize on high-traffic areas due to limited insights into customer movement.
Heat mapping solution tracks hot zones of customer activity, enabling retailers to strategically place high-margin products and promotions. This placement in areas with the most foot traffic maximizes sales.
Elevate your retail operations with N-iX's customizable computer vision solutions, delivering impactful results and unlocking value from the very first day.
Contact us today to learn more!