Loss Prevention
Identify items that are subject to significant theft through self-checkouts
Our technology provides object identification to deliver loss data on a granular product level, whilst simultaneously offering estate-wide checkout analysis. We are helping stores to gain more accurate figures on shrinkage in real-time.
Our Loss Prevention Solution
Our solution helps stores reduce loss without impacting customers overall shopping experience. The combined technology captures customer interactions to give you real-time insight on loss and enables instant notifications for immediate action.
Real-time Loss Insight
Estate wide checkout analysis in real-time using checkout and camera information.
Increased Accuracy
Measure, collate, compare and understand loss levels across your estate at SKU or product level without direct access to POS systems.
Real-time Alerting for Managers
Alert the right people at the right time, before and after problems occur. Automatic emails, SMS and Work Order generation.
People and Object Detection
Reduced loss without impacting the overall purchasing and shopping experience for customers.
Our Unique Features
Product Detection
Our technology detects your products in real-time using machine learning. It is trained on your specific inventory and works with own-brand products.
Edge Based – Minimal Bandwidth
Real-time detection happens at the edge, on location requiring minimal network bandwidth requirements for normal operation.
Detect Specific Scenarios
The system can detect products that have been seen but not scanned. The system can also detect products that have been scanned and not seen.
Integration with Self-Checkouts
The system integrates with barcode scanners in order to measure and detect loss. The system is capable of locking tills in order to prevent loss.
Product Detection
Our technology detects your products in real-time using machine learning. It is trained on your specific inventory and works with own-brand products.
Edge Based – Minimal Bandwidth
Real-time detection happens at the edge, on location requiring minimal network bandwidth requirements for normal operation.
Detect Specific Scenarios
The system can detect products that have been seen but not scanned. The system can also detect products that have been scanned and not seen.
Integration with Self-Checkouts
The system integrates with barcode scanners in order to measure and detect loss. The system is capable of locking tills in order to prevent loss.
Get your Loss Prevention solution in a matter of weeks
Our simple three-step process; validate, pilot and scale means we can quickly implement your bespoke solution and plan for a roll out estate-wide, across hundreds of devices and locations.
Shrinkage is a huge cost
UK retailers lose
£10bn+
in shrinkage and loss each year
Worldwide
$100bn
annual loss
Shrinkage losses increase
30-70%
from self scanning tills
Shrinkage would be the
4th largest
retailer
when converted to revenue
AI at the Edge
Recognition for security, occupancy, queue length and more…
Edge Based Machine Vision
- Processes images on the edge
- Can tie into current Edge Devices – needs dedicated GPU – 1 per store
- Low bandwidth – only metadata sent to cloud
- Privacy focused – no images leave the device
- Works with IP Cameras
- Configurable and upgradable machine learning models
Features
- People and object detection (specific objects can be trained on request)
- Geo-fence and draw specific areas on the camera to track:
- Queue length Overtime
- Busiest aisles
- Occupancy of specific geo-fence overtime
- Data is available in through API’s for integration
Getting Started is easy
Our integration process is seamless and completely scalable, so you can start gaining shrinkage, loss and theft insight instantly.
Validate
Validate specific use case
Set up example demo solution
Review infrastructure and hardware
Pilot
Run solution in situe
Test the experience & deployment
Review data and results
Scale
Increase deployment
National or international scale
Increase automation
Predictions and intelligence
Launch your Loss Prevention pilot in weeks.
Trusted by
Further Reading
Convenience Stores; The Inconvenient Truth of Retail
Retail shrinkage is the destruction of profit margins through the loss of stock. Theft accounts for over £5.5 billion per year. This is hard for national chains to endure, but even harder for small convenience stores to cope with.
Retail Shrinkage – Losses Caused by Crime
The category presented in the table focuses on shoplifting and organised retail crime, with external theft accounting for 34.6% of total retail shrinkage. With retailers
At the Edge of The Retail Industry
IoT has already proven itself extremely beneficial in the retail sector across multiple applications from delivering efficiency in energy consumption to monitoring stock levels in real-time.