CORDIS Project
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This project focuses on improving retail inventory management by utilizing computer vision technology to automate shelf monitoring. By replacing human visual inspections with software that analyzes images of supermarket shelves, the project aims to provide accurate and real-time data on product availability and placeme…
One of the major pain points in retail is the lack of speed and precision in information from the selling floor.
Acquiring accurate and real-time feedback on inventory distortions, such as out-of-stock, overstock and misplaced items is of paramount importance for all retail operations.
This has been pinpointed as an $800 billion global problem for wholesalers, market researchers and retailers.
The current practice of supermarket shelf monitoring and auditing relies on the visual inspection of su…
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