Trax’s Retail Watch allows grocery retailers raise product availability, store execution standards

KUALA LUMPUR, Dec 3 -- Trax, a leading global provider of computer vision solutions and analytics for retail, has officially launched its Retail Watch store monitoring and intelligence solution in China.

As part of its Retail Watch offering, Trax’s all-new shelf monitoring robot for the China market, developed in partnership with local robotics company Ecovacs, recently made its debut at the 22nd China Retail Trade Fair (ChinaShop) in Shanghai.

Retail Watch combines Trax’s proprietary computer vision and machine learning technologies with its Internet of Things-enabled shelf-edge and ceiling cameras and autonomous robots to provide retailers with ‘eyes in the store’. This automated, real-time visibility of products helps retailers optimise in-store data collection and operations, according to a statement. In addition, Retail Watch is a boon for workforce productivity, saving store associates from manual, repetitive tasks and automatically alerting them to availability gaps, pricing errors and planogram non-compliance. The solution also provides timely, accurate and actionable data for better supply chain replenishment, forecasting and picking for online orders. The results drive incremental uplifts in revenue, on-shelf availability and store execution standards, and elevate the shopper experience.

Grocery retailers and consumer goods manufacturers worldwide leverage Trax’s in-store execution, store monitoring and retail analytics solutions to better manage on-shelf availability and optimise merchandising. These solutions are powered by proprietary fine-grained image recognition and machine learning algorithms that turn photos of retail shelves into granular, actionable shelf and store-level insights. More details at www.traxretail.com.

-- BERNAMA