You can’t sell what you don’t stock
Give customers what they want. Our AI-powered Computer Vision technology helps you reduce out-of-shelf incidents, optimize your supply chain, and raise your online and in-store revenue.
Know thy shelf
On average, 8% of a retailer’s products are out-of-shelf, causing a 4.1% loss in sales even though backrooms have the items in inventory.
Our autonomous in-store cameras can reduce out-of-shelf situations by 35% and increase sales by 1%+.
Mind the gaps
Alert store staff to shelf events in real-time. Mobile devices receive notifications on out-of-shelf items, low facings, incorrect prices, and misplaced SKUs.
Restore with confidence
Know how long OOS incidents last and quantify the sales impact. We provide data needed to hone replenishment plans and optimize limited resources.
The largest supermarket operator in Israel leveraged shelving conditions data from Trax to fine-tune their merchandising plan with their supplier and reduce the time taken to track out-of-stocks from 45 hours to 30 mins.
The ins and outs of inventory
POS data only tells half the story. When a customer can’t buy an item due to an out-of-shelf incident or a clerk miscounts availability, you miss data essential to getting accurate demand forecasting. Make better inventory decisions — and more revenue — with precise on-shelf data.
Every link in the chain
Dashboards provide analytics on SKUs with persistent OOS issues. Discover the optimal upstream actions, from adjusting shelf minimums to changing the forecast for each store.
Always have enough stuff
When you have more SKUs but the same amount of retail space, out-of-stocks rise, leaving fewer items to meet natural demand variations. Trax helps you adjust shelf-holding power for each SKU.
One of the largest global supermarket chains taps on Trax Retail Watch to obtain greater product availability at End-Caps. They achieved an increase of 7% in planogram compliance and a 10% reduction in out-of-shelf instances.
Achieve eCommerce excellence
Don’t let a customer click an item you can’t deliver. Up to 30% of online grocery orders are missing items due to disconnects between shelf and ecommerce data. Trax provides accurate availability data so you can delight customers with perfect deliveries and pick-ups.
No more in-store letdowns
With frequent inventory scans, you can provide a surprise-free experience for shoppers who check for item availability on your website, before heading to your retail store.
Inventory and availability optimization solution for retail
Speak to a Retail expert
Lee BarwinDirector, Retail Marketing
Fueled by shelf digitization, today’s grocery is becoming agile, personalized and convenient for shoppers; find out what this means for your retail stores by talking with Lee.
Ariel SternfineDirector, Product Marketing, Retail
For a deep dive on ROI and the key use cases of availability, price integrity, supply chain and ecommerce speak with Ariel.
Consumers still prefer to shop in-store, but low on-shelf availability (OSA) and high number of out-of-stock (OOS) events can impact their retail experience. Traditional methods of managing OSA just don’t compare to modern technology that monitors shelf space in real time.
This article is part of ‘The Digital Consumer Report’, a collaborative report by PYMNTS and Samsung Pay that demonstrates how modern merchants use AI and deep learning to bridge the fabled gap between digital and brick-and-mortar commercial channels, creating an all-encompassing, omnichannel shopping experience.
Trax Retail Watch reduces the need for store-walks and manual gap scanning and increases on-shelf availability. Watch the video to find out how autonomous shelf monitoring solutions such as shelf-edge cameras and robots are helping retailers improve overall store operations.