Out of Shelf & Supply

Take advantage of synergies between computer vision data and loyalty card transactions to optimize your logistics processes and minimize out-of-stocks.

Improve Responsiveness and Efficiency Across the Entire Value Chain.

Thanks to real-time data and coverage of the entire upstream/downstream supply chain, it will be possible for you to react quickly and improve inventory management. Collaboration with brands is also possible through the pooling of data within our platform. In a few words, computer vision offers significant advantages to the food retail sector. This technology uses algorithms and machine learning models to analyze and interpret images and videos, making it possible to make smarter decisions and improve operational efficiency.

Optimize Your Operations

  • Manage Out-of-Stocks and Evaluate the Resulting Lost Revenue

    Instantly, on our platform, obtain the number of out-of-stocks, their duration, and the resulting lost revenue. This lost revenue is available at several levels: for the selected product(s), for the supplier, and for the category. This makes it possible to prioritize corrective actions to optimize inventory management.

    In addition, out-of-stocks can be identified at several levels: shelf out-of-stocks, store inventory out-of-stocks, or even warehouse out-of-stocks. This breakdown also makes it possible to refine the actions to be implemented accordingly.

    Finally, as is traditionally the case, our platform allows all these indicators to be managed at different levels: over time, at the product scope (supplier, brand, and down to the product), by store, etc. Thus, at the store x product level, it is possible to identify which products are the most prone to out-of-stock situations and in which stores, for what level of lost revenue.

  • Anticipate Future Out-of-Stocks and Switching

    The tool also enables you to identify the main substitute products for out-of-stock items.

    Thus, it is possible on your e-commerce site to highlight substitute products. But also, to pay attention to the stocks of these substitute products, which will probably see their sales increase, especially for products already frequently out of stock under normal conditions.

    The objective is therefore to avoid cascading out-of-stocks and optimize inventories as much as possible to preserve your sales.

  • Be Alerted in Real Time to React Effectively

    Beyond the regular monitoring enabled by the platform, alerts are available to warn you in real time of proven or potential malfunctions concerning inventory management. A few examples:

    • Products out of stock for more than one day: identify the source of the stock-outs and correct it quickly to avoid prolonged stock-outs
    • Products that could soon be out of stock: anticipate future shortages and increase/optimize stock
    • Overstocked products: optimize inventory and implement upstream/downstream actions to clear stock (promotion, targeted communication, etc.)

In conclusion, computer vision combined with Memory solutions offers food retailers powerful tools to improve inventory management, customer experience, and turnover optimization. By using this technology intelligently, food retail players can not only optimize their operations, but also better respond to customer needs, resulting in greater efficiency and higher customer satisfaction.

Request a Demo