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Retail Loss

Retail Loss Prevention

Using smart IoT technology to prevent retail stock loss in stores, warehouses and during transit.

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 retail stores and depots to gain more accurate figures on shrinkage in real-time.

How Can The Hark Platform Help You Reduce Loss

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.

Real-time Loss Insight

Estate wide checkout analysis in real-time using checkout and camera information.

Increased Accurracy

Estate wide checkout analysis in real-time using checkout and camera information.

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

Alert the right people at the right time, before and after problems occur. Automatic emails, SMS and Work Order generation. 

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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.

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.

Edge Based – Minimal Bandwidth

Real-time detection happens at the edge, on location requiring minimal network bandwidth requirements for normal operation.

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 Retail 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

£10bn+

The amount UK Retailers lose in shrinkage each year

$100bn+

Worldwide annual loss

30-70%

The percentage shrinkage losses increase from self scanning tills

4th Largest Retailer

If shrinkage was 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 specific use case
  • Set up example demo solution
  • Review infrastructure and hardware
  • Run solution in situe
  • Test the experience & deployment
  • Review data and results
  • Increase deployment
  • National or international scale
  • Increase automation
  • Predictions and intelligence

Would you like to find out more about the Retail Loss Prevention?

Trusted by

We help the world’s leading organisations connect to and monitor their estates, buildings and assets.

Microsoft
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Asda
Dell Technologies

Further Reading