Trax Launches Shelf-Monitoring Solution
Trax has launched a computer vision-powered store monitoring and intelligence solution called "Retail Watch" in the Americas that aims to help grocers automate in-store data collection and optimize operations.
Retail Watch combines Trax’s proprietary computer vision and machine learning technology with its unique Internet of Things (IoT)-enabled shelf-edge and ceiling cameras and autonomous robots to provide retailers automated, continuous visibility of every product, on every shelf, in every store. Armed with this stream of real-time shelf data, retail staff productivity is boosted immensely because, rather than spending time on manual, repetitive tasks, staff are alerted to replenish availability gaps, correct pricing errors and improve planogram compliance to promptly address what’s happening on the shelf, according to a Trax press release.
Retail Watch also supports online ordering options, like click-and-collect or delivery, providing real-time product availability to online shoppers and allowing for faster fulfillment. "The results drive sales, improve product availability and store execution standards, and elevate the consumer shopping experience," Trax stated in the release.
Trax recently deployed Retail Watch with Auchan Retail in Portugal and formed an alliance with Deloitte Digital in Spain to make large-scale implementation and integration of the solution available to Deloitte’s grocery retail customer base in Spain.