Retail 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 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.
Would you like to find out more about the Retail Loss Prevention?
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We help the world’s leading organisations connect to and monitor their estates, buildings and assets.
Further Reading
The Return of Brick and Mortar Retailers
Most would agree that 2021 has dealt brick and mortar retail outlets a hard hand; store closures nationwide have made it harder than ever to run a viable business.
Welcome to The Age of The Smart Store
No cash, no cards – no tills? If you took this news to the middle ages, they’d have burned you at the stake. But here in the outrageous present tense, all is normal (well, kind of).
Post-Covid Retail is Battling 2 Major Issues: Does IoT Solve Both?
It’s interesting isn’t it, how a single industry, like retail, can be simultaneously faced with two completely opposing challenges? On one side of the spectrum, the typical grocers are having to tackle rapid spikes in bulk buying alongside big-spending seasons, which results in supply chain and stock issues.