Inventory shrinkage is a $42 Billion problem for retail industry
"Intel''s Retail Responsive Platform and Sensors are deployed in stores and warehouses to keep track of items with near 100% accuracy Tracks customer movements to identify optimal store lay out" The IOT based platform keeps track of each item and its location accurately, alerts automatically when inventory is low, identifies misplaced items. Using this data the item path in the store from arrival till purchase. The platform also maps customer journeys and creates heat maps to optimise store lay out and product placement.
IOT, Sensors, Vision - Object tracking, Customer journeys
According to Intel: * Near 100% tracking of inventory * Inventory planning and storage optimization * Store layout planning